The developer has decided to cut 15% off the original sales price and to give $50,000 cash back after closing for a 3 bedroom unit and $55,000 cash back after closing for a 4 bedroom unit.The 1st FOUR phases are completely sold out and have been fully operational for over a year with a 75% occupancy rate.

The one house is a 3 br 1 ba house and the other is a double with 3br 1ba on each side.

Some places I have seen that fee is more than the piti payments and sometime double or triple.

Dana:There are private and national lenders who will lend up to 90% LTV for all types of cash flow properties.appartments, office complex units, mobile home parks, self storage units, and even mini mart / gas stations.These are 10 yr notes/ amortized over 20 - 25 yrs.

I can see the ocean from the bedroom window.

I’d like to make my first deal and plan on living it in for at least two years fixing it up and adding to its value.So, here’s the deal I found this week, a place in an up and coming neighborhood which is on a long 50x126 lot and has a building in the back which the current owner is turning into a small one bed room apartment upstairs (big enough for me for now) and a small studio apartment downstairs.

I honestly can't see how doing a double closing would be illigel but you might have to pay for taxes on the transferr whcih could be pricey.

The One Bedroom, Two and Three Bedroom Suites will be priced at Pesos 72,675 or $1,454 per sqm including Government Taxes [R-Vat 12%].

I think Wesley is correct in saying the days of double digit appreciation are gone for now.

ARM's, negative amoritzations, D paper loans, and other creative finance programs are the main culprit for rising foreclosures, not double closings.