honestly yes this isn't a good time for me to get started but i know that there never will be....maybe i should wait till the kids start school....or maybe wait until they are in middle school...oh and then we have college to think of.....oh and then we have to worry about retirement comeing up after that....i know excuses would keep coming and like i said i don't think we will ever be COMFORTABLE to start. albiet starting with NOTHING isn't a good idea i just have to learn the right way (or at least not loose anything) the first time right!?

This is to strengthen the floor so it wont flex; it is the flexing of a floor that will pop tile loose and crack the grout lines.

I have yet to loose a deal to someone that was not comfortable to deal with me if I was not in there state.

At 30% down they would loose $10bThis is if all the mortgages were to default.

Communities loosing jobs can go into long term decline.So, expect prices to rise and expect more of the same over the long term.

The state has one of the highest unemployment rates and there were people loosing their homes in 2001-2003.Similar for Charlotte NC and Dallas TX according to Shiller from the Case-Shiller index.Value investors buy value and look for blood in the street along with other buying signs.

The most pressing include a leaking main water pipe in the crawlspace, several dead outlets, non-grounded outlets and non covered outlets, a loose shower liner/insert that has caused mold and moisture damage on the bathroom sheetrock (there is no vent/fan in there), and the carport and porch roof are leaking.

By far the greatest frustration for me was tying down all the loose ends on every deal.

I say that all for 2 reasons: (1) see how you really feel after you have received and paid a mortgage payment again a time or two, that will test your comfort zone without risk. (2) by doing just that alone, odd's are you will be profiting quite a lot, between the new interest being earned and the tax break for the mortgage interest.It's easy to think you will be ok, but when the money is out riding on a deal, I have seen many people come loose at the seams with worry.

@ Jon : yes, i can afford the payments, so it is ok at this point.I think based on what you guys said the most important point is to make sure that the deal or delas i am getting into give mea return of 7% or more otherwise i will be loosing money.There is not fee involved in the application..that's good.Capital one who is the bank offering me this loan.Thanks, really appreciated your replies guys!