However, in a tremendously positive note, they do NOT believe the US will dip into recession, with economic growth remaining positive.This early-er cutting of interest rates; however, will not translate into sharp declines in mortgage interest rates.

You're making $150 a month, which translates to $1800 a year.

I always like to remind myself that one wrong ignorant move can alter my livelihood. 

An amazing resource if you can translate all the American jargon to our Canadian systems.

But I see your point and now altering my approach.  

We're seeing prices at 100k per unit with rents ~1300 / unit and that translates right up into the big multi's in prime areas.  

I know that I would have to disclose that I am an agent during translations - but is really a big downside?

Good day all, I just started a new chapter in my life after a life altering event, a year ago my wife suffered a severe stroke that left her Quadraplegic and Vent dependent, she's now recovering but as a truck driver I had to come off the road, looking for field-training, and other creative minds to bounce ideas.If you'd like to get together for coffee/or tea I'm more than interested, Metro Area pleaseCarl M

It is essential for any REI.Unpaid property taxes/HOA fees - Yes, any lien which can infringe on the Mortgagee's lien that would require payment opposed to being wiped in a foreclosure will cause a deeper discount since it increases the expenses.Borrower is very difficult to work with - It is safe to say all NPN borrowers are difficult to work with.Property located in state with very lender-unfriendly foreclosure laws - This would translate into time.  

Then once he moves to the US, he can then replace himself on the entities which hold the properties, as he would presumably have a green card when he marries and only pay taxes in the US.  ... as long as he doesn't get left at the alter ;-)