More expensive money with less favorable terms stops consumer and business spending.

These are consumer oriented issues that restrict seller financing, require mortagage originators to be licensened and the adminstration of the SAFE Act under HUD.

Too many consumers were receiving discounts thru friends, etc.

From what I understand and read out here, it is pretty difficult and time consuming to build LLC income from rentals based on the 75%-PITI guideline and 1-2 years of tax returns showing it as income to qualify.

A lot of consumers do that, but do they really take into consideration the costs?

Link did not work, I will try again.

The bank could be sold off to another bank,it could be shut down by the FDIC,the file could transfer to another department or office inside the bank and they could disagree with the previous approval.I have gotten great results with newer asset managers and then the file gets transferred to another division and I have to deal with a President and go round and round to get it to go through because the buyer took to long splitting hairs over a few K or their funding is backed up.The regulations are ever changing as a VP at a bank told me and the banks position changes constantly so when an agreement is reached on a deal TIMING to close is critical before that door closes forever.

It works well, but seems to be pretty time consuming to get what you are looking forCan anybody who has tried both Homestyler and sketchUp comment on how the two compareRyan

If you buy with the attitude you will pay of the mortgage and die in the house, then at some point it will be free and clear and you'll have that place to live forever, provided you can handle the other expenses.If you rent you also forgo the possibility of appreciation.

it depends on the house, what price range it is going to sell in.cheap house I usually do laminate in:living - hall - dining - kitchen (maybe living room depends on the flow)carpet:bedroomsTile:bathroomlaundry/utilityEntry (sometimes laminate)Nicer home goes like this:carpet:bedroomssometimes livingTile:bathslaundry/utilityentryKitchenHardwood:diningsometimes livinghallwaysNothing is ever perfect for ever buyer - seems like there is always something that someone would like a little different.Remember the rules of underimproving and overimproving.Improve based on the realistic ARV (after repaired value).