Again, I cannot speak with authority about your preferred jurisdictions.

Unless building costs go up like crazy or the market goes through the roof these guys will either sell at a loss, rent with negative cash flow, or suffer a foreclosure.

Which means on a mortgage payment of $800 and rent of $1000 the creditor will see that you are cash flowing negatively and that will negatively affect you actually getting the new loan.

An area that has been negatively affected by the restructuring of the BIG THREE.

So, although I'm technically using my own money in the form of equity, its still a loan so I therefore consider it to be 100% financing.Most properties I've come across are at a negative cash flow, some severely so.

Ralph Roberts, real estate mogul and entreprenuer, will be speaking for one night at the REIA of Macomb's second monthly meeting on February 22nd, 2007.

yes were are less than two years but we are trying to build the biz credit up now as we speak. 2nd, how accurate is shows like million dollar listing, property ladder and flip this house????

If you can not handle negative cashflow do not buy it.

But what started as a doubtful affirmation of "I like myself" which I just started saying because I knew it was better than thinking negatively eventually started to get stronger and stronger.

Jot that down, throw a search in google, call them up and then ask to speak to the companies "REO Department".