So basically if I can invest in LA, I would have but at this moment there is just no way I am going to take on such a big gamble on a slowing market.

They are the ones who put forth the effort to come across the border legally.

Assuming a mosdest gain of 5% appreciation a year after 5 years the home is worth $638,000 and you still owe $500,000.Always remeber that with a Intrest Only loan you are gambling on your home appriciating.

I am from the Chicago area, I live in Crete, just off the N/W Indiana border.

Here, books at Borders or the library, whereever.

The ARM is going to start adjusting, but if you want to gamble and think rates will go down by when the rate starts to re-adjust, an ARM may be for you.

If it's a land locked lot, meaning there is no access to it except through someone elses land, it could be quite a gamble and may pay off big time.

There are many, many scams out there and it appears several of them are related tooffering 'leads' or 'ads'.I am bordering exposing one just now, just waiting to see if they will truly return my money as they promised.Gerri Peek

It's an oasis of truth in sandstorm of pie-in-the-sky, get-rich-quick, late-night-infomercial type stuff.I believe it will be out November 14th-- it's a must read for all investors, but especially those in the beginning or middle of their RE careers.Author is Mark Evans DM and it's ISBN-13: 978-0-9788170-0-8 and ISBN-10: 0-9788710-0-1Not sure what ISBN is or which # is which, but I know you can search for books by ISBN on a lot of sites and locations like Amazon, BN, and Borders.

i was reading one of the many trump books in Borders...of course i didn't buy it!