So, not sure where we leapt from Iran (ran by Mahmoud Ahmadinejad) to Saddam Hussein (who ran Iraq before he was hung.)Not sure if "fuel" means crude oil, which both of these countries have ample supplies of, or refined oil products like gasoline.

Due to the above restrictions it's (to my knowledge anyhow) impossible to buy these appartments for less than 65%-70% ARV (already rented out).ARV: 100.000,=Price: 65.000,= (including renter)Buyer cost: 6.500,= (10% over here)Equity: 28.500,=On average people will move every 7-8 years.

For me, that's an area that has good rental potential and enough foreclosures to be productive.

I hope you find your time here to be productive and I look forward to finding out more about you both!

It's good having you on board and I hope that you find your experience here productive and educational!

I'm also interested in the same information...Looking for lender(s) who can do cash out refi at around 70% of the ARV, no seasoning(rehab crews are done in 3 to 4 weeks on average)..and these properties are quickly filled with tenants by the management company and are cash flowingI have a 2 unit right now that needs to be refi'd just to pay off what is into it.

The other Realtor laughed at me when I gave her the offers over the phone....She said she is selling 20-25 REO propertiers monthly at an average of 85% of asking price....She said she would make verbale offers.Here is what the deals looked like..

All_cash, the cash flow is $150 (average) per unit and this is after mortgage, taxes, insurance and all.

Reasons - Small but growing company, have plans for new production, OK dividends, PE Ratio's good and promising company...

That is the most expensive product/package they sell.