In McAllen the average price of a home is around 70k so loaning out such a low amount may seem strange to them.The property is a 3 bed 2 bath 1350 sq ft residential on a good block across from an elementary school in Mission.

Business is business there is all ways going to be a bump in the road that blocks a straight path, what ever you decide to do about that bump determines the outcome!

Greenspan sold us down the drain and Bernanke is following suit.

When i was around 15 i started working for my dads Friends (RE Investors) doing odd jobs in rehabs lots of demo work, roofing, painting, decks, brick and block wall work, drywall, flooring you name it.

Making contacts(via the internet), drafting a plan, getting my credit in line, securing funds, but I am finding I keep coming across a common road block.

The one good thing about it so far is it sits on a whole city block, so we could actually do something with the land, either seperately or instead of doing something with the building.

I find out what house in the area sold for in the last 2 months and start there then after subtracting what I want to make off of the house.Then closing rehab ,holding cost and all other cost marketing and oops. then I come up with my top offer once I have my top offer I start making my bid if I get the house I make it the best house on the block I want my house to look the best and be the best one on the block so buyers will want it over others in the area.

Recently rehabbed it from "slum" on the block - it's on the market now.

I have been told that they are a pain in the *** because renters will clog the drain and I will get the 12 midnight call.

COuld it be a crack or something in the drain pipe ?