Understanding the mortgage climate and being a banker and investor, it is challenging to acquire $$.

In the current climate, I would think it is a buyers' market and sales are soft.

Biggest concerns are climate, cost of living, cost of buying a small condo or home being affordable, and the potential of starting a business.

Downsides include the usual downsides of partnerships :-) Also a bit unsure about approaching family and friends for this kind of deal in this economic climate.

The lending climate is much different now than a few years ago, and higher scores are needed.As an investor, one of the lessons I had to learn is to never, ever fall in love with any house.

But remember it’s not always a price and building when buying international (overseas) one also need to check the climate, political stability, economic conditions, health care, letting potential & law n order situation.

If they come conventional, the 90-day does not apply unless the lenders have created their own seasoning rules which is entirely possible considering the loan climate.

I have applied it to exterior walls located in the worst conditions and climates and ten years later its still as good as the day I put it on.

The Tax Assessor/Collector can tell you if the taxes have been getting paid, and if so, by who.In a dry climate, AZ, CA, NM it's possible that there wouldn't be much deterioration.

(I'm thinking about Holland for example).How are you planning to invest in this climate?