I have had several investors get turned away from backs because of various resons, and these were all strong borrowers, 780 score, 20% down, plenty of reserves, etc.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S.

But for rental (damn these numbers look good) the $$ are best reserved by fixing what's already in place.By the way, I know this is good carpeting because I have the EXACT same carpeting including the color, in my personal living room.

That includes any federal reserve notes in your wallet right now.

Simply to say that if you can get into a property with 35% equity at purchase, have adequate reserves, you can still benefit from that investment without cash flow (tax deductions, 35% equity, future appreciation, etc)Bottom line: Shoot for cash flow on buy and holds, buy with equity, buy in a market your research has pointed to future appreciation, use the power of leverage properly, manage properly (self or hire) and repeat.The topic was talking about single units and then apartments were mentioned.

It has just 4 billion barrels of oil reserves, compared with Abu Dhabi’s 92.2 billion barrels. ‘Healthy Correction’ Dubai officials say the emirate can weather the storm. “The real estate sector is witnessing a healthy correction,†Mohammed Ali Alabbar, chairman of Emaar Properties PJSC and head of a committee studying the effects of the global credit crisis on Dubai’s economy, said in a Nov. 24 speech. “This is a consequence of global financial conditions and is inherent to the very nature of the market.†Dubai will meet its debt obligations, he said.

This leads me to believe that they will be harder to work with on short sales, and my personal experience confirms this.

His basis was, there was a 300% coverage for loan loss reserves.

It works so well, that is where I park capital expense reserve funds for all of the rentals.

Oh and they also earn interest on the cash they keep as reserves. 10 points extra credit to anybody who can spot something wrong with this 'solution' to the crisis.