I'm with Wheatie and Ohio Realtor in thinking that the numbers are fishy in a rapidly declining market.

Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolioPurhcase Price is about $55,000 two financing options available:1. 90% loan which will be at %7.25 interest and tie up $5500 down payment..will also cost and additional $468 in private mortgage insurance(PMI).2. 80% loan, @ %7 interest, will tie up $11,000 down payment, but will save the PMI ($468 a year) and a %0.25 in interest and ofcourse financing less which will lead lesser payments and lower interest paid.. the total savings of interest saved, PMI, and cost of barrowed less funds will come out to about $90 a month which is about $1080 a year savings over finance plan #1..which way is better to go?

New development is rapidly approaching from Downtown, while other nearby neighborhoods with similar 1920-1930 homes are being lovingly restored.

If prices are still rapidly appreciating in your area, then consider the cost of holding over the winter as compared to the better expected price in the spring and the risk that prices will drop.Good Luck,Mike

I know that the areas that I do appraisals in that were increasing at an extremely rapid rate a few years ago are starting to stall and even decrease in value.

.), you'd be surprised how rapidly you'd go through that $60,000 trying to restore the "walls" to their former glory.

You stand to make your money back from the cost of going to this seminar quite rapidly.

The post by Keith and Johnson kind of substantiate my feelings that the prices going up rapidly are affecting those in the rehab market.

People forget how rapidly the investment banking giants collapsed.

Unless the mold grew higher then that which its been cold and in the houses ive been in here the mold hasnt been growing very rapidly.