Residential only, and he prefers investors to owner occs, but says there are lot of self employed out there with credit scores over 700 but can't get loans anyway; thats not really big news.

mod=bb-budgetingHousing Crash Is Getting Worse: Reportby Brett ArendsMonday, May 9, 2011Commentary: But all this bearish news makes me bullishIf you thought the housing crisis was bad, think again.

In addition, reading the news about Zillows new reports today, I believe they are predicting another 10% drop.

The house when the previous owners tried to sell it was considered overpriced ... so I think they (the bank) bought it overpriced. good news is no water damage. the previous owners tore up the rooms in the basement to remove the extra kitchen.

I know, its not groundbreaking news but hey, someone might be interested in asking questions about my experiences going through RE licensing school so ask away :mrgreen:

I would go a little bit step further and say if you are a beginner, work really hard on your first deal with sincerity, maintain good relationship with your contractors, pay attention to every single little thing on your rehab and keep your investor updated with good and/or bad news.

Check out Buffalo Rising online for news about whats going on.

The good news is I'll be able to review the test tomorrow morning and see what I missed and what the answers were.

The good news is that you are taking action and getting results.

A news writer that says investing in real estate is pure speculation always brings a smile to my face because in the back of my mind I know full well they don't understand the investment.Sound investing and speculation are on to ends of the spectrum.