. ;-) I am seeing REO pricing come waaaaay down as bank inventories go up.Lehigh Acres is the surprise in your report.

One week later we were bombarded with newspaper reporters inquiring about our Lease and our "tenant" Of course I played dumb.

A lender runs the numbers and realize the investment is solid and they will provide 70% of the purchase price.Now you run inspections, appraisals, legal fees, environmental reports....etc...etc and incur 100k in costs in due diligence.You still need to tie up an equity partner/investor for the remaining 30%.Would you be asking the investors for 300k (the 30% on the $1M purchase) or would you want to ask the investors to cover the 30% + the "load" 100k?

Today I saw a report that shows that in MY zip code August 2005 had the highest average selling price, and it has been falling ever since.

The real estate agent can still get a commission, the investor can get a good deal, and the homeowner can walk away without a foreclosure on their credit report.

I tried his son again and said to have him leave the card and keys at the house or I was going to the police..nothing.. so I go to the police and I have a report filed but little I can do because I gave him my card..Wow At least I am not in tears today but I go from being livid with my stupidity and darned if I do not want to hunt him down I have no funds to finish the kitchen..

An increase was also reported in the state of Arizona.

Perhaps he/she inflated your income, called this property your primary residence, manipulated your credit report, etc., The theory behind this is that, had the loan officer not falsify the application, you would not be in the financial turmoil your in now.

I want a credit report and background check report for each tenant that wants to apply for my property.

You will always personally guarantee the LLC loans (unless you have a non-recourse loan which is rare on residential) but the 4 prop max doesn't apply because it still won't report to your personal credit report.