Economic indications show a trending towards recession in the United States real estate industry with lower demand, higher interest rates and falling property prices.

I was thinking that we could draft a simple contract indicating the terms that I would make payments, rehab the place and then sell it and pay him at close the 145K and I would keep the balance.

The only way pick is the traditional methods which are credit report, job history, rental history and hope that they are accurate indicators of future performance.

2. speculation projections - if it's a breakeven property now with conservative numbers - does that offset the fact that speculations indicate large equity growth in the near future3. your operation funds - what you have in the bank to manage the property and possible negative cash flow4. experience - you or any partners you may have that have done this before.this is just a quick snapshot.

Don't know if its a good deal or not, but one indicator though ...

and with 100% of a deal financed, that could leave the borrower in a pricarious situation, especially if that person doesn't know what they're doing.a question like the one you asked would indicate that you're new to rei.

The former registered an average rate of 6.27% in the past week whereas the latter increased by two base points, closing at 6.11%.Contrary to gloomy forecasts for housing and construction industries, recent trends have indicated a more positive outcome.

As the previous poster has indicated, owner occupied financing is available up to 100 LTV (100% financing).

With the economic fundamentals maintaining an even course there are no indications of changes in Fed rates.There is a sharp decline in residential construction and unless existing inventories are cleared there cannot be scope for further growth.

Anyway, I got a letter from her last night indicating that she informed me of the mold issue back in Mar/April and nothing was done about it and that Section 8 has advised her seek legal aid.