Posted by Wayne-NC on August 24, 2003 at 14:36:15:
I realize that but I neglected to state, overlooked, or just assumed it was for the buy and hold catagory. That is where I fit in. I know that the real estate investment community as a whole covers a very broad area. No pun intended.
Dell, thanks for taking the time to give such a detailed response. I truly enjoyed the read! If you don’t mind,here’s another question or two.
Just out of curiosity, what is your “profit desired” on these properties?
If you are flipping these properties, are you doing it FSBO or using a realtor? I’m wondering because you didn’t mention selling costs (e.g., realtor commission) when you figure out your offer.