If you could get the property for $150k then I think it would make more sense.

Apparently this is very common since its been brought up fairly often.

FYI: Now that the LO comp rule is in effect it's illegal for a lender to get paid more or less depending on your specific interest rate, so there's no reason not to get you the best rate out there among alt-doc loan programs, if that makes sense, meaning you're not exposing yourself to predatory behavior by being upfront about not being rate sensitive, like you would have been had you said that in 2006.

I like that one of the owners Chris is active on BP so they are accountable in that sense.

To my surprise, Jonathan claimed no knowledge of this situation; I sensed some defensiveness on our call.The damage to the home was extensive enough to require two holes to be patched in the roof and a small hole in the bathroom ceiling to be repaired.

Prices are so over inflated most deals don’t make sense that are on MLS.

I has to make sense both in terms of cash flow and CoC. 

Too many newbies are waiting for a market Correction, the reality when it happens interest rates will be higher and the Experience Investors are the ones that will be able to take advantage of the opportunities available..When I started about 3 years ago everything I was researching was at a new time high, my only regret was not starting earlier..If a deal makes sense and you have the resources to buy don't wait if your goal is to invest in RE.. 

Mary, Listsource is a common one that investors use.

One thing they had in common was needing to find cash buyers.