Holy numbers crunch batman I would run as fast as you can from that deal Mike if Jon's #'s are correct(and I wouldn't doubt that it is).

I am fairly new but what i have so far in my learning is that u can pretty much find comps anywhere but that doesn't mean there actuate, and as far as estimating in some book and programs they tell u to pick a number,...

Now, I am raising private money so I can hold the properties that do not sell within 6 months and just do owner financing with them until the credit crunch loosens and buyers can cash me out.

This is really the question of the day in that how will this credit "crunch" affect real estate investing.

Given the credit crunch, it seems logical that there'd be more buyers out there who can't qualify for a traditional mortgage.

I was looking at buying multiple multi families in this area, however with the credit crunch I am having an issue getting financing.

Hey I tell you what, I bought in Bulgaria on the Black Sea Coast in a town called Aheloy - thier is a website for it -[REMOVED] Now the economy in Bulgaria is still growing even in the credit crunch.

It's not just Hawaiians that can own the land either.actually, we have a lot of support from the local community because there is a huge housing crunch.

If your in a time crunch, consider taking the course online or by CD.

They set up appointment, walk through quickly, get together to crunch numbers and have a mortgage broker that will work with them.