Once he relaxed about paying for repairmen versus doing it all ourselves, things got much easier.

I have to post this here since I am not able to send it to all of the members from Pittsburgh individually without sending a collegaue request (limited to how many I can send). 7pm March 15, 2013Tambellini's Restaurant http://www.eatzucchini.com/139 7th St, Pittsburgh, PA 15222(412) 391-1091We have 20 seats reserved because I don’t know how much interest there will be… It is a nice restaurant but NOT a suit and tie establishment so come for a relaxed casual evening.

As Jon said ... its different in every state.In addition to that ... lenders have been relaxed about their standards here as of late.

I would say that in about 6 months we are going to be able to relax and enjoy the fruits of our labor now.

This caused me to spend all of my after work hours (you know, those nights and weekends when most people relax?)

Josh,Great job you are a very relaxed interviewer.

Bobby the real estate market cycles locally in every market.There are average times that this takes place.For example so long for the market to be stable,so long for the market to increase,and so long for the market to decrease until it hits rock bottom.The pluses right now are lots of motivated sellers in many markets.They held out for a few years thinking things will get better.Now they have accepted it will be a long haul and are ready to sell.Holding out for 2 or 3 years is one thing but 7 to 10 years is too long for many for a property to recover.The plus side is interest rates are low and pricing is great.The downside is liquid capital needed for a regular loan is steep as loan underwriting is tight.If you wait lending might relax with less down but interest rates might rise along with sellers expectations of selling price so you would be at a wash or worse then when purchasing now.The name of the game is too hold onto cash and leverage into a good deal.In the down cycle you buy up as much as possible.

@Stephen Barton way to use the hustle muscles!  

Yea im sure the fact that they are first in line if something happens makes them more relaxed about it all. 

I think you have to leave it in your bank for a month or two..i am currently using a commercial lender so the rule is more relax