So using your 100K example, you know that is the max value you can obtain and by looking at those comps you know what the level of finishes in that property is that justify that value.

I emailed my HR person to obtain a Terms of Withdrawal to review if my next employer will allow for loans.

Many minor repairs can be deferred indefinitely without jeopardizing habitability.

Brin has it wrong if he thinks lower overall prices are going to help those with no money and no way to obtain it with a market competitive job.

I had one investor that was in the heavy equipment business, I'd take equipment as collateral to take care of down payments, rehab or operational expenses, he was using non-liquid assets to obtain financing.Economic assets will be getting more creative, these boil down to the basic principles of economics, land, labor, capital and entrepreneurship.

For instance, get $300 up front and increase the rent by $50 a month (indefinitely, not just six months.)

In event purchaser fails or refuses to comply with terms of sale within 20 days from close of bidding, deposit shall be forfeited and applied first to costs and then to Plaintiff's debt , and the Master shall forthwith re-advertise and resell said property upon the same terms on some subsequent sales day at the risk of former purchaser until obtaining full compliance with sale.

Mine will not consider any financials from non conforming units, and will give you a difficult road to obtaining financing.

Furthermore the gross rents in comparison to the mortgage are typically much stronger and when you exit that property it will make it much easier to obtain financing on another property.

I'd also suggest you look at a the 80-100K, maybe 125K initially, easier to obtain financing, better collateral/marketability and chances are, you'll be moving which could put that home in a rental inventory later on.