Securing a ton of debt is great while everything is great, but a bank can call your loans due if they get spooked.

I know the conventional wisdom (including people in this thread) is that condos are a bad deal, but that could mean it's a great opportunity because people are spooked by that very conventional wisdom.

It's possible you may have spooked the guy by saying you would close in one day. 

Lots of investors were spooked out of the stock market, and needed to put money somewhere.

Read and comment my blog on Ukraine real estate market - 2nd fast growing in CEE - http://skalinin.blogspot.comRegards, Sergey Kalinin

HiMy main goal - to build a working model for REI clubs in Ukraine, 'cause it's completely new approach for private investors here.Any assistance is welcomed :D Regards.

You might know that profitabilty in Ukraine real estate market up to 100% on some deals.

Anybody here from Ukraine?

I know some counties in my state where they are so overloaded that it's about 2 to 3 months time for the Marshall to get out there if the tenant is not spooked by the eviction and writ notices.The tenant that has left are they "judgment proof" ?

What if you are the seller and the buyer goes and spooks the tenants, for example talking about increasing rent or switching utilities to the tenants.