Most margins are pretty low on fix and resale and a delay of 6 – 8 weeks could significantly reduce ROI – especially in a market like we see today.How much will I lose if it the eviction runs it's full course?

Stocks have only been minimally successful especially after the crash and all that...

Delays in closings aren't uncommon.

Nick wants to minimize his mortgage, so he uses his $50,000 in savings as a down payment, and he opts for a 15-year loan at 6.75%.

I will never forget when I asked one guy what happened so that got him in this trouble, and he told me gambling and overspending.Anyway, my point is that if they get the help, it will only delay the inevitable.

Or, a good one if you plan on buying houses cheap for the next few years.If Bush's plan ends up just putting a five year delay in a bunch of foreclosures, this situation may persist much longer than if it was just allowed to sort itself out quickly (and painfully.)Jon

They're paying taxes, insurance, utilities (maybe minimal).

Real estate will still be there when you get to it.Personally, I think starting in 2016 will be a great time for cash buyers, you could put yourself into a position to do very, very well with minimal effort and essentially no tangible risk.Sell the crap out of those diet pills and pile up the cash, just don't spam my mailbox while you do it. ;-)

Sorry for the delayed responses as I have been on vacation for my bday.

I have minimal debt, and what I have is at favorable terms.The deal I'm debating is a house which i have $200k into, getting $2100/mo rent.