Hi,I have been thinking of doing built to suit rentals for luxurious homes.My main market would be professionnal athletes that change city every few years and other volatile high earners.do you guys think it's has potential?

When the loans don't have that much equity the price shrinks as recovery of what is owed starts to become limited.

You get the picture.The US got a relatively quick recovery because under water owners could simply walk away, but that's not possible here.

Which is also why the Mortgagee didn't finish foreclosure, they don't believe the liability of the property will be beneficial for their capital recovery.

I also see in many areas that the recovery has already started, ie Florida, Texas.

Good luck with the recovery.

I saw this article on metanews and it went into how what we're seeing as a potential recovery in housing isn't an organic recovery, it's an investor funded recovery.

So the more your accounts "age," the more your scores may recover.

With many markets being down and now starting to recover I would put money toward and investment first.If you have a really high interest rate then refi to get your rate down and reduce your monthly debt service.

The allowance is an additional deduction of 50 percent of the property’s depreciable basis (after any section 179 deduction and before figuring your regular depreciation deduction).Property that qualifies for this special depreciation allowance includes the following.Tangible property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or lessWater utility propertyOff-the-shelf computer softwareQualified leasehold improvement propertyQualified property must also meet all of the following tests.You must have acquired qualified property after December 31, 2007, and before January 1, 2009.