Ira Smith I assume he checked the Broward property appraiser's site for a different mailing address, as they have the same doc.s online that we do.

buildings you will have a hard time getting that 70% LTV loan from the start. 70% of purchase price, assuming they are at least partially occupied and the purchase price is supported by the income, maybe. 70% of rehab in addition would be tough.

I would assume the two methods given, though, would set a bar, and other methods would have to be similarly invasive.I would not expect this would be done right up front.

3) Assuming one of those options is actually possible.

Tyson, first you have to activate your license by affiliating with a broker (I'm assuming you have a salesperson's license).

I assume the loan re-modification will probably bring down the value of the house to where the comps were-- $40-50K and at the same time bring his payments much lower.

Assuming you take the buyout and purchase another property for 25,000 and rent at 2% of acquisition, your net rent after expenses and reserves (50% rule) is 250.

I would assume that before you invested your time and money in getting your degree, you researched job prospects for that degree.

Assuming the house had nothing but a gas wall heater (required by code), and you're putting in a complete HVAC system, with ductwork, compressor, furnace, permits etc. - so central heat and air.For reference, i have a 3 bed 2 bath bungalow in North East Los Angeles that i'm about to finish remodeling, and am now contemplating new central air in.

If Bruce Norris is correct and the prices will go up 20%/year in next 2 years (I assumed that the property is in Riverside), then you may be lucky and make some good money.Maybe a lease option would be better, if the price goes up you exercise the option, if it goes down you lose the deposit?