Lastly, why do we need fuel in an auto in the future?

To become an auto tech.the school is one year and at the end of it I should be makeing at least $20 an hour..but the school cost 25k plus what it cost for me to live..which would be another 15k so i would be in debt 40k.So im asking what everyone thinks I should do.

With the many job layoffs from auto makers and other production facilities the local economy in many of the Midwest towns is struggling.

Well, broker I deal with states LTV's are the new FICO scores.

From my observations and experience, I would say that the team members you select should be ideally referred by other investors who you share common philosphy with.

Ideally, in the last few months.

I am just curious....I do understand what you mean...I guess its more of a personal investment as oppossed to a financial investment...I do sleep better at night though and the mortgage/rent money is freed up so I can make other investments...Ideally I should have bought a couple homes here in Ca. several years ago and I would have had alot of equity which I could have leveraged..I need to get myself a crystal ball :woohoo:

Add on the convoluted and opaque nature of CDO's, other derivatives, SIV's, credit card and auto loan securitization and then top it with a government that threatens to change the rules and undo centuries of contract law and you've got a recipe for economic chaos.

I have decided that I'm priced out from buying where my girlfriend and I would ideally like to live (Astoria, Queens) and considering other markets.

That 24K does not included any fixed costs which will drive your profit lower.Deal is too slim for me, but any profit is a success if it is not a major headache.I will partner with contractors to do deal, but the numbers have to work for everyone at least a 20K split is more ideal for me.