In the end, very few sub-prime home owners will qualify... and if they do, has anyone yet found out who is going to pay for all this lost revenue to the lenders?

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Does anyone have a slick excel or other spreadsheet they have developed that would be a good one to fill out and send to buyers, that would show the details of the deal?

From an early age you have developed a strong resistance to doing the things you “Have to” do.

The market is flooded with builders who moved to building rental developments rather than risk sales of any type.

You might consider finding out which lender the developer has dealt with locally.

The current climate dictates that one should try to develop every lead, even those that may feel too intimidated to talk to a direct representative.Great explaination Eric!

Mortgage Officer/Real estate Attorney/CPA should be stops you make before developing your business plan.Good LuckGary

These economic slowdowns take a while to develop.

Say you are developing a building in NYC. 5 floors lets say with 10 apartments total.