When you find an apartment or home that meets all Section 8 program requirements including a physical inspection to insure the building is decent, safe and sanitary, the hosuing authority executes a contract with the landlord to pay rent on your behalf.

I was doing some research on a REO we are making an offer on in DC area and in my email came a link to Realquest.com professional property information services from First American.

Just received a e-mail from EMC negotiator saying my offer looks good but she can not accept the Option Contract and she needs another PA executed.

If you have a list of wholesale buyers who can execute in this price range, and you can get this thing for about 50% of its "retail value", you might wholesale it.

How do i go about executing this. 3) Should i try to keep this home as long as can until i can break even from the $550,000 price i paid for in 2006?

Assuming the product actually executes as described, sounds quite sane."

If he borrows that much money and can't sell the finished house, he is going under.If the area is really attractive, European buyers and South American buyers love pre-construction where they can put their money in as they get it and don't have it sitting around where their families can beg for it.

Stupid Americans raising stupid kids who are getting horrible educations...If the average American continues to get dumber at the current rate, we'll be lucky to remain 3rd rate...

Once you execute the lender's loan documents the lender is obligated to fund the loan, any decent real estate attorney should be able to smooth this out.Best of luck,Dave

Starting with one property - maybe an REO apartment, executing a value added play, refinancing and using money for another acquisition is my current plan. anyone know how to acquire mor eproperties quicker and easier.