(Try and stump everyone on this site I bet you can't) I have asked many questions some very stupid some that were good questions no one will judge you and you will always get an answer, many times from many different people with very different experiences.

Always add an additional 5-6 month into the equation.3 The construction money neeed.

I'm betting that it would be a HUGE loser as a rental, but we won't know until you post the gross rent.

Can I do a combined reverse exchange and a construction exchange for the same property?

Since, most local trash collectors will not pick up construction debris (defined differently by each locality), we have found that sometimes savings can be realized by discontinuing trash service during rehabs, sales, or prolonged vacancies.

P&I = 1832Insurance = 41Taxes = 416The neighborhood is actually new construction - and my neighbor just bought last year.

There are a lot of construction experts that can get you through the tough spots.

The construction companies are offering deals as low as $100,000 below cost.

Here's the thing though what a lot of people are betting on: since it did take such a hit, it will come back sooner and stronger than middle america.

Your best bet for knowing what you could get for a loan is to speak with mortgage brokers or lenders.