Tell him you have a friend that specializes in loan modifications and forebarences & that if you gave him their loan # he would talk to the loss midigation department for them.Then just call yourself with loan # & all your friends problems go away.Be careful though your friend & I've seen things like this before might feel alienated.

Specially for multi-units.Make sure however that you are sending the check to the escrow company and not giving it to them directly.

Well, my experience is that you usually want to start an offer at about 70% of the asking, specially if it has been on the market for so long !

Be prepared to adjust your expectations as well.What someone else said about the cap rate being 2% over the loan rate is a good gauge, but you may find you are missing out on some deals you could have made happen through some creative financing with the cap rate lower, so don't get too locked on that idea.

In today's climate prepare for longer seasoning requirement time frames.

I want you to be prepared for what your about to get yourself into.

Specially, in China, if you just take a trip to there, and take a look, you will see if you get chance to invest in China, definately you will get very good profit.

A Sale and Purchase is prepared, held in escrow, and a Memorandum of Contract for Option to Purchase is recorded.

Also, if the house is something special, again in certain areas, they go quickly and even now, over asking.

As the public begins to grasp t he depth of the betrayal and abuse by our ruling class, as the Democratic and Republican parties are exposed as craven tools of our corporate state, as savings accounts, college funds and retirement plans become worthless, as unemployment skyrockets and as home values go up in smoke, we must prepare for the political resurgence of a reinvigorated radical Christian right.