It seems as though the old model of building a bank has changed as well - the old local group of investors starting the bank, holding the stock and waiting for the regionals to snap them up for a stock swap was the norm around here for decades.

I do indeed have seller financing (land contracts) as the driver in my model; however, I personally own them before I sell them, so while seller financing may still work for you, it will, for lack of better words, become quite messy and convoluted.

Unlike HUD -- which is a completely automated model and generally doesn't involve input from real people -- Homepath offers go to an actual person (the asset manager) who has a limited authority to accept or not accept offers based on his own discretion.

--Not legal advice--Oklahoma's laws governing business entities, like many other states', are modeled after Delaware law.In Oklahoma, we file Articles of Organization to form an LLC, and a Certificate of Incorporation to form a corporation.

If it was your first property and after buying money was tight I would schedule higher reserves and plan fro worst case scenario on cash flow model and purchase price when buying.

Because of the Company’s success, many wonder if real estate market will eventually become one big platform modeled after Redfin?

Which is what I suggested to the husband and wife team and after running the numbers they jumped right into that business model.

Is it a respectable and profitable business model?

Any recommended models?

Also SFH are tied to the comp appraisal model.