[size=16]Discover Your Passion & Turn it Into Profit[/size]We act as though comfort and luxury were the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about.Charles Kingsley A recent television ad for a large investment firm said in part, “This is what you’ve been working towards doing your whole life”.

I am thinking of buying a pre-construction luxury condo in grand rapids, MI.

They are not luxury condos, but more geared toward the local population.

I am marketing 6 luxury 1850' (MOL) condos and one two story townhouse condo (2550' (MOL)> These are top of the line with all the bells and whistles and located on the ONLY way to Honeymoon Island, rated 2nd best beach in the nation by Dr.

Basically, it is a condo inside of a luxury hotel that you can buy and enter into a hotel's rental program.

DancisakWCC Luxury Real Estate, LLC

Second, it will help you get into markets that can be harder to get into, like the luxury market.

your objectives or goals to maximize subprime financing should be to maybe hold the property for 1 - 2 years, (You may have to eat a 1 o 2 year prepay but it will lower the rate from a loan with a zero prepay,)while you build your credit back to an a-rating, then refi your cash out for more investment projects. theirs tons of new products, on the market that fit your particular scenario, such as the option arms, option arms give you the luxury of choosing/paying your mortgage 4 different ways each month.. 30yr P&I, 15yr P&I, Interest only, or whats called Neg am(Negative-ammoritization)the neg am, could allow you to get into a million dollar home for like $3k a month, they have 1% start rates.. these loans are really good for short term properties, like a year or 2.. especially if the property is in a desirable market..

On top of insurance, Florida mortgage payments and property taxes, and a flood of new luxury hotels, will keep rates too low to make the units profitable.

The question was is there an opportunity out there for someone to join in some kind of partnership simply by virtue of having credit scores all over 800.