Rental Demand Brightens Dark Housing Outlookby Jann SwansonThe gloomy picture painted by The State of the Nation's Housing report released yesterday by Harvard's Joint Center on Housing Studies has but one bright spot - the improving rental housing market.

I was thinking about buying more bullets and MRE's untilled BP Nation was born.Don

You can research it at the National Association of Realtors.

When you are 59 and laid off, your best bet is to retire.http://www.latimes.com/news/nationworld/nation/la-na-retirement24-2009may24,0,885521.story Early retirement claims increase dramaticallyInstead of working longer as the economy worsens, more Americans are calling it quits before age 66.

You seem to be saying that RT numbers are hyped up, when the study shows the figures to be low.Do you have a better national source for foreclosures?

You did know the word Nazi comes from the German word Nationalialsozialist, didn't you (national socialists)?

We also cannot ignore the size of the emerging nations that are still growing anually and will continue to ramp up.

You are seeking entity financing---something like this one:Documentation: No Ratio, No Documentation Main Credit Score: 400 Credit History: Very Poor Debt to Income: N/A Occupancy: Owner Occupied, Non-Owner Occupied Loan Amount: $200,000 - $50,000,000 Lien Position: 1st Mortgage Cash Out Amount: $50,000,000 Loan Purpose: Bridge Loan, Purchase, Rate and Term Refinance, Debt Consolidation, Cash-out, Heloc/Line of Credit, Construction, Forward Commitments, Equipment Purchase, Unsecured Loan, Business Loan, Equity Capital, Venture Capital, Credit/Asset Enhancement, Takeout (const-to-perm), Home Improvement - Value After Improvements, Rehab, One-Time Close (const-perm) Property Types: Five Plus Units, Mixed Use, Farm/Ranch, Condo-tel, Retail, Warehouse, Raw Land, Hotel/Motel, Office, Care Facility Housing, Special Use, Industrial, Gas Station, Other Commercial Types, Office Condo, Non-Warrantable Condo Rate Types: Straight Fixed, Adjustable, Hybrid Amortization: 5 Years, 20 Years, 25 Years, 30 Years States: AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, International Special Features Drive By Appraisal, Borrower is a Corporation, Borrower is a Church, Borrower is a Trust, Borrower is a Foreign National, Non-Permanent Resident Alien Allowed, Borrower Owns Over 10 Properties, Mortgage History Only Reviewed, Bankruptcy May Remain Open - Ch.13, Bankruptcy from Filing Date - Ch. 13, Currently in Foreclosure, (bailout), Borrower with NO Credit Score Allowed, Score Only, No Credit History Reviewed, No Form 4506 Required, No Reserves Required, Gift Funds Allowed, No Mortgage Insurance Required, No Seasoning Required on Funds to Close, No Prepayment Penalty Required, Interest Only Payments Available, Less Than 2 Years Employment, Self-Employed, Non-Recourse Allowed, Recorded Land Contract Allowed, Unrecorded Land Contract Allowed, Less than 12 Months Seasoning Refi, (using purchase price), Leasehold Property Allowed, Less Than 2 Years Employment, Wage Earner, Rural Property Allowed, Seller Seasoning less than 6 months Allowed, No Minimum Number of Trade Lines Required, Less Than 12 Months Seasoning Refi, (using appraised value), Lease Option Allowed Regards,Scott Miller

Originally posted by "**********":Personally I don't give a darn what color, religion, or nationality anyone is though.

They want to see 90% to 100% occupancy.Secondly if you could find a private lender they would not give out a larger secondary loan subject to the sellers first mortgage.That is a very weak position to be in.You have to be really careful in smaller towns.The fact that the seller stated it gets better with temp workers shows this might be a one to two company economy town.You want national businesses there along with mom and pop to prop up the economy.You do not want one to two big businesses and if they leave the town becomes a ghost town.I have seen this happen.There was a town where the main employer was for carpets.Many immigrants worked there and rented apartment buildings.The state passed a new immigration law and many fled the area and with construction down not as much work could be found.This led to 100% occupancy and rents going up to 70% occupancy among all the apartment buildings and rents going down.So it is critical when looking at these types of deals to understand what caused the problem and where does the town look like it is going long term.If you estimate the town will take 10 years to cycle and your goal is hold for five it won't really meet your goals plus can you harbor having a problem property until it up cycles again??