What a rush, closing on that first rehab deal! Now it’s time to start making every mistake in the book, at least that’s how it was for me. On the surface it looked like a great deal. I had purchased a bank REO for about 60% of the market value after repairs. I had construction [...]
From the category archives:
Joshua Dorkin
Charles Feldman

Ted Karsch.





A Nightmare Closing Saga – Part I
by Jim Watkins | December 16, 2007Last year, I bought a house, rehabbed it and finally sold it. When I got a contract to sell it, the experience I endured was simply gut-wrenching. I got “sand-bagged” just about every way possible until I fought back… And WON! Here is what happened…
This house was the first house deal I had done since [...]