Look up 'Score Funding' on GA Department of Banjing & Finance website.

For the most part the US is still a declining market and at 100% on what is likely majority investment properties, the lender would have no insulation against any value deterioration in the market.Under that same concept, I would presume many victims suffer from self-inflicted wounds.

Peter Haymond - I know this post is from a few weeks back, but I just came across at the bottom of another thread and I wanted to add a major point that may have been missed.

You could request that the Planning Commission consider a re-zone, but without owning the property, they may not take action (although they could, at least in Michigan).Jon is correct…..start with your Planning department to see where this project is at and what your options are.

Some of them try to sell them, some others try to rent them or even donate it, but the vast majority does it with no success:

Short sales do not have this OO restriction.Look for properties that are real run down.The short sale department and foreclosure department have different objectives.Yes there are a bunch of issues with short sales.Any strategy you implement has work involved to make money.Anyone telling otherwise is not telling the truth.Competition exists in anything worth pursuing in life.Accept it and work to be better than anyone else.

I currently work in the finance department at a law firm, and I am looking to break into the world of real estate.

An image jumped into my head of 'For Rent' signs down the whole street and I knew that wasn't something I wanted to compete with.I prefer to buy in established neighborhoods where the majority of people own their houses.

Their credit (unless it can attach liens to the property) is not a major concern to me.For example the wife & I go to our local tax or property auctions & sit there with the bidders (after we have est a good price for a home based on its condition etc).

In fact, go to the local planning department and ask them about it.