If this property is < 1KK, your reference rates are on the low side.

I have a one page purchase contract with with a couple contingiencies that i added on there, you can use it as a reference just to give you the heads up on how it's done.

I know how to find deals usually about 30% Below Value or more, and I definitely know my areas, so if any of you are ever interested in an investment opportunity here in the bay area, please don't hesitate to contact me, I can refer you a deal and even offer to help along the way.Any questions you may have about the Bay Area, or Loan Programs for residential and commercial properties, please don't hesitate to ask.

References?

He was referring it to, if you got a group of wild teenager who like to throw parties or something along those lines, you would have enough in backup to keep you from putting your own expenses at work on the property and ending up in the negative.

Here is reference that I found on Remodeling Mag: Job Desription: Window Replacement, Mid-RangeJob Cost: 9,280Resale Value: 7840Cost Recouped: 84.5%For upscale window replacements---15,390, 12,880 and 83.7% respectively.Hope that helps...Regards,Scott Miller

Property ImprovementI assume you are referring to the fact that if you do a repair yourself for $x, it may increase the sale value of the property by $x+y, giving you a profit of $y.

Your wifes broker is due a cut if she gets the referal closed.

Whether that is good for the seller or not wasn't what I was referring to.

I've talked to a couple banks, and they referred me to their website for bank owned properties.