This is something I am extremely interested in.

Companies like Countrywide and Ameriquest have already been snagged for screwing the customer ... using existing regulations.I also think that the banks are not too concerned about foreclosures because the market is tight.

That would make an extremly strong company!

I wouldn't count on selling things extremly quickly, as it seems like things have cooled a bit.

Well, unfortunately, adding a bath or bedroom does not necessarily add value where an appraiser is concerned, except probably in the square footage.

Also if you have over a 580 mid-score and proveable assets you can probably just go sub-prime as long as you don't have a PPP or are going to be making an extreme amount of money on the house.

Al:For a wealth of information, and even an online source for "simple land trust", I would go to www.landtrust.net Get a complete education concerning the use and application of land trusts from an expert.

Yes, compared to other markets the per sqft prices are not as extreme as they once were.

Having these guys on your side is extremly helpful as an investor.Welcome to the site, and please ask anything you're curious about.

It would be extremly difficult to give you any advice if you don't know what kind of returns you're looking for, and under what time-span.