AS Seen in Business Insider http://www.businessinsider.com/here-comes-the-option-arm-mortgage-explosion-2009-5Subprime is done.

Remember this CHEAP does not mean WAR ZONE or DANGEROUS.

I did have mold testing done a month or so ago, and there was no indication of dangerous levels of mold there.

But yea this is a dangerous and risky deal.

You can have groundless claims of predatory dealing or other claims after the fact, just IMO that once they learn of recent legislation they might go there, the danger is not over at settlement. 

@Dashon Jones I don't know how this is "creative finance"; it looks like an ad for getting credit lines on credit cards.Looks like the terms "seller carry, lease w option, seller financing, subject to existing financing, and master lease options" escapes your knowledge base.Putting yourself at risk like you are talking about is in my opinion dangerous, just sayin' Don't mind me, I just have 30 yrs experience in Rei.

Most people naturally want to flow with the information they want to hear, that is naïve and dangerous in finance and real estate.

Discount those figures using a a fair rate for your asset type/quality/market to find the present value.To estimate you cash flows just break it down to the basics and take your market rents, less operating expenses (All of them...) and you've got a number close enough to be dangerous.

This event sets a dangerous precedent.

After talking and working with different real estate professionals, we learned that although analysis paralysis is not good, jumping into real estate with 2 feet before you know enough about the basics is also dangerous.