I'm afraid "Black Sunday" escaped 99% of all Americans.Wasn't it like two weeks ago that Bernanke said Fannie and Freddie were "well capitalized", or something to that effect?

A fee is nothing more than pre-paid damage to the tenants.

I think it's a good thing to have if you can do it cost effectively.

The effective date is supposed to be December 1, 2008 but you'll probably see that many of those remaining true Fannie lenders will change within the next 30 days.The changes will include:* A limit of 4 financed properties when submitting an investment loan.Fannie also clarified that it does not consider the borrower to have an ownership in a property that is held in the name of a corporation, even if the borrower is the owner of the corporation.

I'm looking to start a marketing campaign to bring in motivated sellers for wholesaling.But i only have a budget of about $500, give or take.What do you suggest I spend the $500 on, to get the most cost effective strategy.

Maybe it could some how damage your other accounts which would cost you more(I know it real life it can't just making the analogy).Like a poor tenant.Its a balance of risk and return.

But I think the tax effect is relevant to all.

Because a family member wants to buy a piece of property near water but the property has alot water damage what should he ask about.

What exactly do they mean by points and what effects can that have?

If the deal is right, it will sell.I think having two websites is effective, one for buying and one for selling.