Additional terms to be announced at sale.

The lower interest rate will save you whatever the additional cost are over a longer period.

Pre-approval means sharing your income and asset information in addition to your credit and having their underwriter review that info even though you don't yet have a home picked out.#3 - don't buy property with other people, especially friends, co-workers, etc.

I've seen people pay over $40,000 on foundation repair due to extreme negligence3) What other issues need to be corrected to prevent a reoccurrence?

If you have it done every two weeks, and they charge, say $50 a visit, then add it to the rent.

But with short term rates so low anyways, those aren't **too** big a factor.Still, add it all up, and there is a basic 'flip' cost that seems to be around 10%.This means that to make a profit as an investor, the price gap between what I pay and what I sell for must be perhaps 10% + fix up costs (call that 10%) plus profit (being VERY conservative, let's call that 5%).

The additional bathroom is a good idea.

Being new, I didn't think about things like market fluctuations and the possibility of a mass exodus of lenders that would prevent anyone that even wanted to buy my home from doing so.

Now we have an additional 15% to add what we want before we get to 90%.

Thanks for having me.It's hard to explain the personal satisfaction I feel when the information I provide prevents someone from:[list]Paying too much at a Tax Deed or Foreclosure auction,Buying a vacant lot that is not buildable Buying a property that's loaded down with all kinds of encumbrances[/list:u]Information I provide also allow a bidder to continue bidding when others stop because they don't know the market value of the property and correspondingly, stops while others continue bidding because the bid is beyond market.In some cases the information also allows the investor to contact the delinquent Tax payer and offer to take over the property before it gets to the auction.