The forest as opposed to the individual tree.

The key to underwriting a seller financed deal as opposed to a secondary market or bank loan is looking into the future and anticipating the various problems that might arise, within reason, what should be expected.

Things like pipes and electric wiring can manage to be in the way at times, not to mention difficult structure (example: I have one where the kitchen and one upper level bedroom are in an addition on slab, so getting ductwork to go into those two rooms required going through original brick and masonry exterior walls that are now on the inside).

You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . .

As far as neighborhood- also I have diffenrent philosophy--specially in Atlanta market -- no offense- but I stay away from low income --black neighborhood--- also opposed to Section 8 tenants - I prefer to buy in good neighbor hood--with only few rentals in a subdivision --that way --my tenant maintiansproeprty well as per neighborhood- and appreciation is much higher-- and they treat house like they own or would like to own.I never had problem in 18 years-- Sorry to disagree --but yeah todays market may be different --I am not buying any rentals anymore.

This is an extra fee paid monthly, that literally gives you almost no value although the dues are supposed to be used to maintain the exterior of the property and common areas.- Mismanagement.

It means waiting to buy the 68" wizbang HDTV with cash later as opposed to now financed at 9% plus.Setting aside a nest egg to build your future is a great way to insure that your family is well provided for.

But again, I won't argue that anymore, because most of us have already been deceived into believing it can't work.Because terrorism is based on a distributed network of individuals as opposed to a centrally located group of nationals, it makes sense to focus on infiltrating and disrupting the network.

At first I oppose Condo-- however --based on info - location and demand --it may not be bad-In today's market --most palces condos are very cheap -- 30 % t0 40% value - As far as financing --if REO -- offer reasonable price and show Job Letter --with $20% down --Lender may do financing-Other option --if available by Owner at same discounted price --from a desparate seller --then you can do subject to or Lease Option --Depends on what city - state are you in --SFR may be still better -- price will come backup on SFR first --upon recovery --Just wonder -- what city and what field --only $50K with master's --is it that bad out there ?

They're the 12th largest mortgage banker and fund their own loans for resell to the GSE's.So if you're looking for accelerated wealth building, and inflation/cash flow hedge down the road from 30-year, sub-5% rates, on up to your 10th property (as opposed to community banks with their 5-year balloons), you may want to check them out.