I'm being very cautious about proceeding, and I know if this deal doesn't work out, there will be another one available in the coming months (there always is).

If you bought the home today and needed to sell it a year or two later, you'd have a home that will have depreciated along with a shortage of available buyers due to limited financing options.

Maybe they'll have fewer resources available, too.As long as you're getting addresses, get phone numbers, too.

I am amazed by the volume of information and the user base that is available here.I wish I knew about this community earlier before I bought my first investment property.I have 5 investment properties, 3 in Arlington, TX, 1 in Fort Worth, TX, and 1 in Memphis, TN.I am looking forward to be a very active member, and would surely like to hook up with local investors.I am looking to get more properties in Houston and DFW area.I guess that is it for now.

Not sure if they are still available and I do believe you needed to be on time with your payments.

- @Joe Gore : All offers are submitted with either a letter from my HML or Private Money, or a Bank Statement showing available funds.

Whenever I have an apartment available I end up with dog owners practically begging for me to consider them.

The standard is higher than fogging a mirror for sub-prime loans. .It's a law, there are political and business angles to it, those who don't want the law are making all kinds of claims, loans no longer available, hard to get, cost more, etc.

by Eric Archer, available here.

Additionally, this semester I am interning the Indiana Economic Development Corporation and I am learning a lot about state grants that are available to rehabbers and investors for value projects or new development in lower income areas.