You're taking on all the risk of being out your deposit money if you don't like or can't afford the property for some reason.

I feel this is a good time for me to invest.Specifically I've been looking in the Long Beach area due to affordability and proximity.I'm here to learn and share information that I have learned.

We can afford the renovations if we decide to purchase the property.

They are highly desired properties, regardless of whether they are owned by individuals that can afford to live in them as their primary residence, or renters that want to vacation in them and live well for a week or two.

chris why not just jump into while you are working full time.. and when the time comes that you can afford to retire on the rental/rehab/flipping business you can just go ahead and do that?

I stopped using 1240 awhile back, just had to many problems with it, I heard they reformulated but have'nt tried it, it's not the most affordable product either.

The biggest problem I can see is that people pay as much of their budget as they can afford for a place to live.

Can you afford to carry the debt service if the AA tenant hits hard economic times and files bankruptcy?

And right now .30 to .60 sounds a lot better and I can afford that right now.Thanks,Nancy Dito

so i have a good realtor friend that just called me to discuss some frustration he has experienced with saxon mortgage.