I think many such developing countries are due for LT growth similar to what America saw in its' developing days, but they also have concerns as simple as providing food,water,and health for a billion people.

I recently closed on a package of 19 SFD's that have a ton of built in equity and a lot of upside on rents with minimal reinvestment back into to the homes.Your biggest mistake?

Whats the deal when the short sale package has already been submitted to the lender?

. ($500 if closed.)2) We pay referral for bringing full client info and short sale package. ($1000 or amount agreed upon beforehand.

It is best if you show (prove) to the bank that the entity owner of record on the PSA is the same owner of record as the potential substituted entity.And ditto what Scott stated, doing so now is better than later.More food for thought.

http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.htmlWhat do you think?

I have everything else needed for the short sale package except the HUD-1 which is the bottom line for the bank.

Just food for thought!

I have no intentions on selling them short-term, but their highest and best use would be selling them to owner-occupants on an FHA loan.You could also sell it as a package to another investor (you'd probably get less $$) or hire a property manager and retire.

I have my first "package" gathered and ready to submit to my negotiator.