Mine was in German Village.

German church and 38th.

And their lending is purely based on the property.Regardless, that's not germane to this conversation, his family member is a private lender.

Here are a few reasons why.China just cut its discount rate again.Japan and Australia are cutting.ECB instituted quantitative easing and even the Germans are tacitly going along with it.  

US banks have very little exposure to Greek debt, and the US probably doesn't export much to Greece either.And if Greece goes bust, then the ECB picks up a lot of debt, which in turn will be paid for the the Germans and Dutch.

Many foreigners, in particular, the British, Germans and Scandanavians, buy property in Spain, many of which then decide to rent them out.

Indy was touting new condos down town .. that great his point was there is over 5800 vacant homes in the same area.. rehab those first was his thought.. these are the areas that these rules work in and were spawned out of . the same homes I was buying in Fort Meyers for 25 to 35k in 09  sold in 2005 as new construction for 200k.. they never met the 1% rule then or the 30% rule or another rule.. the rules came into play through a once in a lifetime melt down. and its here to stay in the C and D class areas that take a special investor to workSo for most folks its old news and not germane to todays market frankly.. old and tired ready to be put to bed

Most charities are in fact businesses.Off the subject, doing charity work with an organisation is good but helping people in need directly is more germane.  

Gross:The top of a refrigerator was covered in dead German roaches, to the point you could barely make out the color.  

Also, anyone who would objectively fit in the "very experienced" column who has never done seller financing (which is probably a lot of people) would benefit as well.This post is extremely germane for me personally, because I just finished listening to How to Make Big Money in Small Apartments by Lance Edwards a few hours ago.