Why buy brand new when you can buy the same home out fo foreclosure for 75 cents on the dollar.I'm in charlotte and you can get lucky here flipping newer homes in higher priced neighborhoods in a 3 to 5 year period but i've seen no appreciable room for profits in the lower priced homes in that smae time period becase of the high foreclosure rates in that price range.

If your poor now and your dad used to smack you in the head with a board when you were 7, that does not mean you need to remain poor and scared of men for the rest of your life.

Make sure all contingencies and closing period needed by your lender are accounted for before presenting the contract.

Period!

Period!

If that strategy or hold period had him selling at the end of some other ideal time period, like 2 or 4 years, the Lessee/Buyer can flex with that.

This is called the "redemption period" and it is different from state to state.

Otherwise I'll just be a talker, spending the rest of my life putting together the perfect plan.Thanks again,Jon

My plan is to buy a home to live in for 3-12 months rent it out obtain owner occupied financing on a 2nd home live in it for 3-12 months rent it out, look for a 3rd home and do the same thing again and again.What challenges do I face obtaining a multiple owner-occupied financing in a short period of time and how I can I overcome them?

just think, if we're not making anything it would be a no brainer to adopt kee-YO-toe and we could once again be a beacon of light to the rest of the world as the greenest country evah.