In a lending climate such as this one, it’s always best to cast the net out as wide as possible when it comes to the search for commercial financing.

Like having a thermostat that could be connected to your smartphone so you could control climate during work hours, or even go as far as lock/unlock doors for showings, contractors, etc?

Congrats on having the equity that you do.Let me try to explain my position: Because of the economic climate in my (and other) areas I can likely get $1695 out of a home in an 'B+' neighborhood for $150K ($300/mo net income if fully rented).

For example, I would love to purchase a property in a warm climate area and rent it out as a time share property for people who want to take a vacation and don't want to stay in a hotel.

Like anything else, it's all about finding the deal.However, buying and holding multi-family obviously looks good in this climate too.

No, as a rule, at least in our climate, you don't have to have a dryer on it, usually it drying too fast is more of a problem.

In todays climate depending on your credit income etc multifamily may prove to be a challenge.

Cloud getting "special assessments" due to their deadbeat tenants.Brian Mathews: Job transfer and cross-country move (due to MN climate and proximity to grandparents).

We would even have challenges starting a brokerage company right now in this climate as well.

Also curious, hows the RE climate out there in PA these days?