if you're talking about depreciaton, it's the "elephant in the room." the thing they don't tell you is it has to be PAID BACK upon closing. now, is a zero% interest - courtesy of the govt - a cheap finance option?

The cabinets look a little cheap and I'm not sure what's going on with te ceiling.

I could see myself putting too much money in since it is a cheap area. need to make sure not to over do it.

You should check with your local bldg department to see if you will have any issues.Plumbing - some of that old stuff is cast iron and it isn't easy (or cheap) to work on and fix.Good luck!

I could swap it almost 15 times or take the money and go on a vacation like we are doing now.There are multiple issues here - buying a chunk of laminate & installing it yourself can be fairly cheap, but the depot's price isn't that great, and the largest piece they have in stock is ten feet.

I Agree with Dale ,, -Kind of like a bunch of sharks circling around a wounded swimmer My experiences in my community – Individuals from We Buy Homes / Houses would look at the deal and then determine if he/she could wholesale property themselves Mostly real estate investors who wholesale properties 98% of time and 2% actually purchase / rehab My real world experience here locally –~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We Buy homes/houses told me to locate properties they were looking for in Riverwest community I would lock up property via my wholesaling contract present the deal to We Buy homes / houses they would then go advertise to their Buyers list (rehab or retail buyers)I would place property under wholesale contract for $34,000We Buy Homes / House then go locate a buyer for $38,000End buyer paid $38,000For this work I would have to locate a propertyreally cheap with a nice spreadJust my experiences, in my community

Now that LFA well its just never going to be cheap but thats a piece of art, not a toy.

Originally posted by @Brian Stone: I don't know any buyers that would do a lease option. rent to own leads are easy to get and they are cheap.

Cash IS NOT hard money or private money tied to a host of conditions to get the money.It is still a loan just from unconventional sources.Buyers need to understand they will have to validate themselves as talk is cheap to get access and a shot at buying the properties showing bank statements etc.If I talk to a buyer and there is a long pause when I ask a question or they start getting defensive I know they are hiding something.

Check with your attorney on these strategies and go with his/her advice.No such thing as a one pager for a complete understanding being described for any real estate transaction, paper and ink is cheap, mistakes are much more costly!