There are other much more attractive investment areas of town, though.That said, those numbers are horrid.

At the area attracts a lot of first time buyers it seems that most want a house without the need to major CapEx over their heads.  

I think that is one of the main attractions of the industry.

Your property may be worth more in dollars numerically but be of less value in an absolute sense when inflation is factored in.Of late, T-Bills and CD's tend to have interest rates below the real rate of inflation.

There are numerous wholesaling threads in the BP Blog and Member Blogs which deal with this and are a great resource.

What attracted me to the Matrix is they are local.

This becomes more attractive as the dollar continues to fall.

Were thinking of doing a blanket loan with numerous properties we have.Does anyone have thoughts wheather pro's or con's any advice is appreciated.Thanks

After giving this some thought I'm not sure what the attraction on this "deal" is.

And numerous smaller amounts out to everyone else who has their hands in the deal.If you're buying a property subject to, the process is similar, but there's no loan papers involved.