my friend bought a 4 bedroom, 1.5 bath for like $35k or so in syracuse. it didn't have a kitchen somehow, so he threw an ikea one in it, fixed some random shit around the house and sold it for around $75k six months later.

that's what i want to do

 

Don't forget to simply drive around neighborhoods that you're interested in and look for signs. If the home's been foreclosed on and is bank owned, there might be a sign. Banks aren't very good at marketing. We've been searching for about a month now and found this one a few weeks ago. All it had was a little dopey sign in the window. It's been for sale for 4 months but the bank never got around to put it on the MLS. We signed the papers a few days ago. Place was 590K when it was built in winter of '06. We offered 280K. The bank countered at 305K with them paying closing and we jumped on it.

 

holy hell dude, that house is HUGE

that place is more baller than even phats h:

 

werd

its the reason i cant justify a $800 a month rent payment when i can get a $500 a month mortgage payment on something i could turn around and rent out in 10 years or sell as down payment on a nicer place. i'll be 25 this year ... im single ... no real intent of settling down soon ... and i wanna move north in about 10 years ... all i need is a decent lil place for me and a roomie or two. if it needs fixing up i can do that as i go along

edit:

these are the only pics available ... i'll snap some more this weekend if i go look at it ... sorry they kinda small but this is the 34k place im lookin at

 

that doesnt "look" bad in terms of conditions where the pictures are taken. a house like that around here would easily start at 400k foreclosed or not

 

the exterior of the house and from what i've seen of the interior is still in about the same shape, the garage exterior is still nice except the garage doors look like the plowman this winter ran into them a couple times and the yard needs work ... based on that IF i wanted to put an offer in i'd start about 25k h:

400k though? god damn ... so many people wanna leave michigan but fuck if you have a steady job why leave? shits way way way cheaper here

 

garage seems small for that big of a house

 

this is very good advice

 

as to the driving around part ... in the last week ive gone through almost two tanks of gas just driving around and idling in driveways h: thats how i found the houses im making appointments on now

 

+2 - and god damn that house is huge and a good deal too.

so yea, this is 489k worth of house as you can see it is a little bigger (doubtful by much) than the one you are looking at. neighborhood is pretty good, public transport to nyc is good. funny thing is that they wanted 530k when they first put it on the market in nov 2008......