Hi Everyone,I am relatively new to the site but I am interested in purchasing packages of foreclosures in the South Florida Market.

I found a way, but we would have to sign personal garauntees, which helps with the issues related to having 3 partners in a deal, but doesnt limit our liablity, which is my main objective.

I was able to retire at age 29 and moved to ore to raise kids and cows.

In areas that saw huge bubbles, FL, LV, CA, prices skyrocketed, but rents remained relatively flat.

Can you really find properties where you can get a rent this high, relative to the PITI?

I am interested in other investor's comments relative to the effect the current financial market crisis will have on real estate investing.

While I think you are right, it might be a stretch to think that we will all be waiting in food lines, I don't think things are going to be very peachy for much longer.Most everyone in the 30s probably thought the nation was in the 'information age' also.It's hard to see the effects of this economy right now, over the next year, as the credit crisis takes its full form, you will start of actually see people losing jobs.

I'm relatively new also and am focusing on wholesaling for much the same reasons you stated.

One article says that there has been a sharp increase in the number of families that are actually sending money FROM Mexico to their relatives in the US to help out.

Loan modification (relatively unlikely on an investment property)6.