We also pay for water, and it hasn't really been a problem as far as people using tons of it.

So getting one in NC is no problem as long as your loan amount is not $50k.

In addition the ability to sell on loans when the borrower has more than 10 is greatly reduced so the lender loses that avenue.Live and learn.Consider the problem a sign of your success.John Corey

The problem as I see it are the rents are low and the taxes are HIGH.

hi allI would say its not having enough equity but you have to have enough capacity to cover the loans you take.no money down is not a problem as long as you havea planan exit strategycoverage of the loan.and a time frame of the investment. what is a problem is when people buy with non of the above.some people buy just because the can or think its a good deal.but for me thats not investing thats speculating and any speculation has its risks and thats what we see in any market

Some are wary of someone taking over someone else's loan.It's going to become a much bigger problem as poorly trained and poorly prepared new "Sub To" students from a particular "community" start missing payments.

Flooding is no problem as the property is on the top of a Hill + zoned X (which means not much these days)The neighborhood feels pretty safe - also crime index is low.

If someone really bought it for $135k and is selling it for $55k in this market, where the prices of housing is rapidly increasing there is a problem.  A

You should be able to get another owner-occupied loan with no problem, as long as it isn't an FHA loan. 

And they choose all these ridiculous methods that simply rely on pure LUCK to get a deal.If you have a problem, a question, want to know how many gold medals the USA won... where do you go?