I can't wait to sign the papers, get the keys in my hand and go over and wash/paint the walls, do the minor repairs like add a railing to the basement, etc., If anyone else going through the process of buying a foreclosed home, hang in there.

If they want to paint all the walls neon purple, they can.

I have seen these were the T/B can choose a higher rent and get a higher rent credit.

Real Names: Sandy and SteveLocation: Sacramento, California and Twin Cities, MinnesotaBackground: Decorative Interior Painting (Venetian Plaster and faux, decorating) NEW to REI.

Our Previous home that we had furnished and decided we wanted to start again so we left all the High end furniture, paintings, plasma TV's ect...

Banks will look at all credit scores that are involved but your business plan, ability to purchase good deals with low LTV ratio's and the fact that the other members have stellar credit will all be looked at and also taken into consideration.The idea of having a few "senior partners" with more share in the company can be done, so long as the other "non senior partner" agrees with the terms.Which ever way you choose to go, you MUST have an iron clad operating agreement written up by a competant attorney.

Housing built before 1978 may contain lead-based paint.

My long-term goal is to own a diverse portfolio that provides me the freedom to choose the type and level of activity, and to engage in a variety of investing and developing opportunities.

Are renters choosing apartments over houses?

If you choose to take that opportunity it will make you a better person for the rest of your life.