Hello,To be quite honest with you, you ask almsot any person who is experienced with Canadian Real Estate and they will tell you that during the summer, Alberta was a real hot market for Real Estate and land.

That is not quite the way it works in Philadelphia, the sheriff requires $2000 or 10% whichever is greater, then you have 30 days to come up with the balance.

your objectives or goals to maximize subprime financing should be to maybe hold the property for 1 - 2 years, (You may have to eat a 1 o 2 year prepay but it will lower the rate from a loan with a zero prepay,)while you build your credit back to an a-rating, then refi your cash out for more investment projects. theirs tons of new products, on the market that fit your particular scenario, such as the option arms, option arms give you the luxury of choosing/paying your mortgage 4 different ways each month.. 30yr P&I, 15yr P&I, Interest only, or whats called Neg am(Negative-ammoritization)the neg am, could allow you to get into a million dollar home for like $3k a month, they have 1% start rates.. these loans are really good for short term properties, like a year or 2.. especially if the property is in a desirable market..

I know quite a bit about construction and want to try my hand at REI and rehabbing.

If a big project makes your stomach turn - maybe you aren't quite ready to do rehabbing and should do some assigning or wholesaling.

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 is quite a lot of money expended out for things like water, taxes, insurance, repairs, overhead, upkeep, mortgage, etc. that all comes out of the monthly rents.

That's free and takes only a few seconds.The criminal seems to be quite good on Kroll.

It is quite possiblethat the bank is not really trying, is run by a committee,etc, etc.

thats quite the run on sentance.