I'm not sure why it's something you'd never consider, because the two flippers I partner with (one in FL, the other in IN) are more than happy with 2 points origination, and 12% APR (with monthly interest-only payments) or 14% APR (with zero payments until balloon).Alone, the could not afford to carry inventory... to do more than one or two flips at a time.  

Hello everyone i need help...i have somebody that bought their house for 225k in 2005 and now the property market value is 160k... he is open to a lease option and im trying to assign it to a t/b. can someone please tell me the steps.... for example .. do i go to the title company and get a lease first and a option contract, have the seller sign it and then have to t/b sign the sign thing under me... how do i assign it lol im confused but am i close??????

So, in essence, it removes this affordable option from the visitors.

THE ANSWER IS NO if the property is underwater and a rejected short sale it is sitting in a grey area where the bank won't negotiate probably hoping the owner will get his s**t together or the bank is unaware about the recent drop in home values in that area for whatever reason....If you could cash flow it the owner would probably not be under water....

I find Austin to be affordable, but then again I'm living in Mountain View, CA.

I can on a cash flow basis afford more land if it is amortized over a term to develop the area as an exclusive builder.New to commercial, isn't alot of commercial land leased by companies with a balloon?

You can't afford to pay unless the deal closes.

Why are the multi family homes so affordable in those towns?  

Dear [insert council member’s name],The Dalles is in desperate need of affordable and well maintained housing.

The market for new homes is booming, which opens door for the lower classes to move up to the next level, even if they can't afford to buy.