I'm not saying that you can't ever find short sale deals, but unless you've got experience, connections or are able to buy in bulk you are going to spend a lot of time chasing pennies.If you are trying to buy a property for $72K when it is really worth $78K, I'm pretty confident you can do better anyway.

With many lenders tightening up and me being on title for less than a year I just want to be able to justify the increase in price from what I paid for it.I don't want some hard-*** inspector who pretends to be a code inspector pointing things out that might not meet code but are still safe and scaring a potential buyer.

But just selling it immediately and for a 22% increase in price will raise red flags.

I was paid to learn the business this way and it gave me a wealth of confidence in choosing the property to invest in.

So not only is their equity shrinking from the declining market but their loan balance is increasing due to negative amort.

I hope that they take any wealth I leave to them (not likely to be a big pile of cash, by the way, more likely to be business and investment assets) and increase it geometrically.

An allowable 5% increase in rents is allowed per year.

Do you think it's likely that he could really increase the value enough in a year to turn a profit on them?

And, that if you look at the price of crude in euros that the increase is less dramatic.If the point is that we are buying oil from unfriendly countries, then that is very true.

This was a fun experiment for me, and I'm glad I tested the waters to see how things have been going.Since I first prepared the portfolio it has increased 14% in 2 months.