There will be a formally regulated global economy possibly Government in 10-20 easy.from anouther post;"Socialist - yes, parts of the economy are now being socialized.

Credit markets are blowing up and becoming more no existant by the hour.

There will be a formally regulated global economy possibly Government in 10-20 easy.

If the property were placed into an Illinois land trust, with a neutral party as the trustee, you could set up an occupancy agreement where #1The existing owner keeps his financing in place.#2 you have almost all of the rights as a homeowner (tax deductions, rights to dispose of property etc.)#3 the only way you can lose the property is if you do not make payments (at which point you either pay off the property or it goes back to the original owner.)#4 properties in a title holding land trust are not subject to the Due on Sale clause found in all mortgagesTo help the seller have more confidence in you, you can place say 3 months payments with the attorney/company that is the trustee.

What you are implying is that just because "comps" don't support lower values, then they don't really exist.

You can also contact the Louisiana Real Estate Commission for information on the official rules, regulations and laws.

It may not be anything for a simple duplex, but you could be causing yourself problems that a simply refurbishing and expanding the existing structure could avoid.

You're talking about selling a property subject to the existing loan.

http://www.fdic.gov/news/news/press/2008/pr08098.htmlMonroe Bank & Trust Acquires All the Deposits of Main Street Bank, Northville, Michigan FOR IMMEDIATE RELEASEOctober 10, 2008 Media Contact:LaJuan Williams-DickersonOffice: [email protected] Main Street Bank, Northville, Michigan, was closed today by the Michigan Office of Financial and Insurance Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named receiver.

Many new investors like to pretend that these expenses don’t exist, but I assure you that they are very real.As far as 100% financing, Jon uses them in the calculation to evaluate the quality of the deal.