@Mehran Kamari that sounds like a great plan, I am looking at a handful of multi families as we speak, I will keep you guys posted on my progress.

We are making progress every day.

I also see in many areas that the recovery has already started, ie Florida, Texas.

I will repost on this thread if anything progresses with this company if anyone is interested.

Hi Doug,Have you made any progress?

Thanks Joel, we are going through the due diligence now with the seller to answer those issues you raised, being overseas investors we don't seem to be making progress on the financing options.

Good luck with the recovery.

And I kinda wish someone had "forced" me to hold those reserves when I started out, it would have saved loads of stress.I think most lenders would relax the amount per property they need to see as you progress, as long as you have a healthy amount set aside.

Lucy Rowens, glad I could help...let us know how you progress.

I saw this article on metanews and it went into how what we're seeing as a potential recovery in housing isn't an organic recovery, it's an investor funded recovery.