Some might be fearful of the criminals.

Basically, I think it is a fear trade.

What is really holding me back is the fear of doing the first deal on my own .

Sales are up in recessionary times, a good indicator of social fears and consumer expectations.

I've been stalking the BP forums and website for a couple of weeks now.

And william I combat your fears as I described above, diversification of owning a large based index fund (S&P 500).

Bill tht is my fear, that they are holding that DOT bc they paid off its note with the new loan.

Often times, the more you learn, the more fear that creeps in and the harder it becomes to act.Good luck!

You need to have some reserves for repairs vacancies etc.If you are not able to obtain long term financing from the owner I would be fearful that in 6 months you may be unable to get your new loan. also, consider that if you go to get a new loan you will have closing costs that will require cash unless the owner is willing to pay your closing costs as well.You need to get concrete numbers and start putting them together in plan. sounds like you are in the beginning stages of planning. please make sure you have a solid plan with realistic numbers that work before committing to this property.I hope this helps.

My fear now is that these guys decide its not a good investment and dump everything.