Its a graph from Credit Sussie.http://bubbleinfo.squarespace.com/journal/2008/6/7/neg-am-reset-update.htmlYou can see one peak of Neg Am loans approaching by the end of this year but then a bigger peak in Oct.This is just with one company, but you can imagine the peaks are similar throughout the entire industry.Most were 3 -5 year adjustment periods.So if a good portion of these loans were done 04-07 the wrath is really just begining for foreclosures.Unless the government steps in and works out rates and reduces prinsicpals.

Welcome to bigger Pockets and Las Vegas.

Bigger Pockets is a great site and community.

We are looking to buy a "starter home" to live in a few years, fix up and then either rent out or sell (depending on the market) and buy a bigger house when we are ready to start a family.

As I progress and my operations become a bit more advanced I will move on to bigger projects that I'll eventually hold as income producers.

Less bandwidth for my hosting/website PLUS the sex appeal that Youtube gives to your buyers.

Is that something that I can get & live in for about 10 years & make some money off when it's time to upgrade to a bigger home?

I am sure you will get a ton of information and education here on Bigger Pockets.

These are people you only have to convince about you and your deal, not the merits of real estate.Networking in the local real estate forum here on Bigger Pockets is another place you may want to become familiar with.

Hi to everyone on bigger pockets, my names Chris Sumner and I'm a land and property investment broker for international company based in the UK.