The bank loans at a significantly lower rate than most private lenders and it's relatively hassle free getting a commercial loan (once you know what paperwork they require).If you're doing quick flips, a commercial line of credit is ideal.

I cannot get a loan from a traditional bank because my credit is relatively new (I'm a college student) and I don't know any hard money lenders that would lend only 10 or 15k.

Lis Pendens Filings •1681 Mortgage Related Foreclosure filings •1775 total Lis Pendens Filed •88.4 Per Diem in filings •121 per diem filings for the month priorDeeds Via Foreclosure682 Deeds were transferred via foreclosure from the courts.Notes•The same players in filings and deeds remain throughout the trend •Fannie and Freddie getting lots of deeds •Countrywide appears to be working on the backload.

Seriously, your problem is not that bad (relatively speaking).

I read on here about everyone over extending themselves, in hopes that when they get their property ready for market, first they can get the value that they hope out of it, and second that they can sell the property in a relatively short time.

I'm not really sure who(as far as various professional types are concerned) to tap that would assist me with this particular investment objective.

Dubai’s relative autonomy will come to an abrupt end.†The emirate’s push into luxury property developments and tourist attractions was diversification on “paper sand,†said Davidson, a professor of Middle Eastern affairs at Durham University in the U.K. ‘Nasty Downturn’ Real-estate prices may drop 20 percent or more, analysts at EFG-Hermes Holding SAE, the biggest publicly traded investment bank in Egypt, said in a report this week.

Late fees, fines/citations, water/sewer, and finally rent.As an aside but related... we implemented a rigorous move-in, safe and clean, and move-out inspection system that protected us 100% when standing before a judge.

At the same time I can relate to "i really want this one."

They move in with relatives or with other friends that also can't afford the rent alone.