It will be interesting to see how well his program sells in the current environment. 8)

Their concern is, if we take a property back, we have to sell it low enough to compete with everybody else's REO.I feel like we are in an environment where banks are actually self-destructing by driving property values down (dumping their stock).They get into a vicious cycle of lowering property values because they are forced to keep lowering REO prices to move them.

Dorkin for planting the seed that fosters this wonderful environment and thank you all for your time and graciousness.

I figured that to low, given the fact that there is room for expansionCourse in today's environment finding a all cash buyer will be tough & a trade is not really doable unless of course the property trade is located in my neck of the woodsThankyou for your replySonny

The income of the tenant; inclusion of appliances; the power source (gas or electric) for heating and other appliances; whether it's an initial Section 8 leaseup; etc are all factors in the rent Section 8 will pay.

A lot of these new buildings are designed differently to be "green," do not give up your profit to try to save the environment.

I was actually just testing these this AM on our test environment and was very happy with the results.

The main house has been 90 percent renovated (new kitchen,bathrooms,ac,electrics,doors and fittings) and only needs some finishing touches.I plan on living there with my girlfriend and renting two room to our friends for 450 per room all inclusive.

Find an office with a good environment.

I have not attempted to refi in the current environment.