What is happening is that banks are no longer loaning (creating) that additional money, the reserve requirement is still 10% (just an example, I'm not sure what it is exactly) but that is the minimum requirement, the banks don't have to lend (create) that additional $900 as they don't want to take on additional risk right now (very rational). 3 years ago, the $700 billion in TARP funds would have added trillions to the money supply (inflation), currently, the banks took that money and actually decreased the money supply with it by writing off bad debts or purchasing other beaten down banks at a discount.

As an added benefit, we all got a lesson in redevelopment and "highest and best use" of a piece of real estate.

Our new light rail system is adding a unique opportunity for development and rehabbing along it's corrider.

He went to the other side and did the same thing there, and added two more 5 gallon buckets of dirt that he had brought.

Vacancies are your fault, for not having it priced right.Take a Saturday morning and post ads in every conceivable web portal, flyers in every store around town.

Added bonus.

All other ads will be removed.Additionally, we do not allow members to promote their own websites outside the classifieds in posts.

Wholesaling sounds like birddogging with the added step of actually putting the house under contract, right?

Can you buy a property to rent which will bring you added cash flow so you can get into a nice first home and a second rental property in 5 years?

That's a pricey route, adding about 10% of your purchase plus rehab cost into your permanent loan.Mike says he is able to get commercial financing at 100%.