Supplies are limited and you MUST RESPOND NOW!!!!

Nathan, I would be cautious about buying 1bd. rental units, limited to singles and couples without children, difficult to keep rented in my market.

If the current tenant damaged the carpet, then I would definitely subtract it from his deposit and that would certainly not be limited to a cleaning fee.Mike

You don't have any down payment on a refi, but you are limited to a specific LTV (loan to value.)

You don't say what your balance on the current loan is, but HELOCs are drying up as lenders as afraid prices are going to continue to decline.Cash out refis on investment property are limited to about 70% LTV.

In summary, that would be a great time to buy these stocks.With the (limited) knowledge I have on stocks, these are the stocks in my virtual trading (like a Play Money Poker!)

So unless its a listing that is exclusive to our office, I tend to limit my time (somewhat) with buyers who are interested in a property that is multi-listed, since there is the risk I may loose the sale to a competitor.

Buyers can walk from any contract in the state of calif in 3 days regardless due to the current case studdies, Most don't know this though.It's just as easy to just make no deposit or a token deposit.Of course once you have your reputation then you can do these with no deposit almost every time.If your going to put in a clause for inspection 3 to 5 days is more than enough to get an inspection done anyway.I do my own inspecting for properties that are within 5 hr drive.If it's beyond that I hire inspectors with a contract covering liabilities.

The other reason is for liability protection.

Although my personal experience in real estate is still limited, I am learning everyday and I have many successful business partners who also give of their time to help others as well.