Yeah I know I'd have some major construction costs going with it.

Short of some sort of major shock to the system, I don't see rates changing much.

My favorite Bushism is, "Drugs is a major problem in Amerika."

The owner is willing do to a seller financing for 4 rentals single family homes. 2 houses are rented and 2 are vacant, vacant houses need major rehabs.

I've attempted to calculate this, but every time I try the numbers to me don't look that favorable so am I omitting some major up sides to investing such as tax breaks or does it take many many years to own say a ferrari if you're doing this single no kids..?

And as for housing, there's still a pretty major disparity between what the agents think stuff is worth and what people are willing to pay around here.

We have relationships with major banks and lending institutions such as World Savings, Indymac Bank, Countrywide Home Loans and others.

thanks guys,the majority of properties i am looking at are represented by an agent / broker.

As FHA buyers are a major part of my market, I have been trying to figure out a way around the seasoning issues.

Since majority of them make emotional decisions rather than more logical ones.