What an incredible website this is and what a pleasure it is to be a part of it.

In today's credit challenged environment every wholesaler should be able to direct their buyers to a lender who will finance the deal.

Insurance is now worse then ever and his new property tax abatement program just penalizes business which is incredibly short-sited and will lead to business going elsewhere.

If you are in a low interest rate environment, with crashing homes prices (where I'm looking - as of course markets tend to overcorrect..), but demographics for the area look sound, and inflation is very likely going to exceed the 10 year avg in the near future... then someone should be able to find a 50% rule property now - but even if they only come close, it could be a very sound investment, and a great way to diversify for a guy (me :D ) who owns no property, pays no rent, and is has all his savings in stocks/bonds.

I expect that it will be incredibly shallow followed by another protracted decline.

cash out refis are incredibly difficult to obtain on investment properties right now. also, some lenders will give pushback on a 'refi' of a hard money loan.

http://www.gmdynamic.com/company/gmability/environment/plants/facility_db/

With over five years of experience in brokerage, our in depth knowledge of the markets and ability to adapt to the changing environment has allowed us to successfully navigate the terrain to grow and or preserve the wealth of our clients.Our mission is to create passive income through the purchase, hold, and eventual resale of commercial real estate.

When the people that took care of the environment carried guns, fishing poles, actually were actively involved in habitat preservation and construction and didn't lick the frogs?

As Larry suggests, you have to find out ASAP what the second will do before spending too much time on a deal as many just won’t discount enough to get a deal done even in this current environment.