Without credit I would imagine your down payment would be much larger then 20% down.

I've seen so many great designs from people on this site but I can't imagine you guys actually wrote and designed the entire project.

Imagine my drive past... 33 blank ave, 36 blank ave, 42 blank ave... wait where's 38 and 40???

I can't imagine it would near that much for simply replacing a door.What you will likely end up with is an as built detail drawing of the door and framing and the framing detail for replacing the hole.

I actually think that is a great idea and may be what I do as well because currently I live in a great luxury apartment at a great price and I couldn't imagine downgrading my living conditions to pay on a mortgage that is more than my rent.Charles, I will have to disagree with you on the conclusions you came up with.

Peter no they simply told me who ever has the cash in escrow first has the home, they said the contract means nothing, I imagine they have a clause in their contract stating this, Justin they said the contract means nothing if they come across a cash buyer before me . i don't know if this makes a difference but some of the homes still have taxes owed.

As I walked to my car I couldn't help but notice the 5 spackle buckets of whole and broken turqoise blue 4x4 bathroom wall tiles that he was saving....I could just imagine what the units looked like.It was the funniest thing EVER and I kept saying to myself, please shoot me if this ever happens to me...........................

While deferring the sale of an asset to defer taxes is often-times prudent, deferring the purchase of an asset because you can't sell it in the same year doesn't have any obvious benefits to an investor who currently doesn't own any other assets.The argument that you'll want to incur expenses in a following year instead of taking a loss in this year doesn't make much sense given the fact that the IRS will allow the carry-forward of business losses into future tax years:http://www.irs.gov/taxtopics/tc409.htmlWhile I can imagine a situation where you could end up paying a very slightly higher marginal tax rate given the timing of an asset purchase, I can't imagine that in any reasonable situation it would be worth passing up a good deal to offset that very slight increase in marginal rate.

I can imagine the least thing in the world you would want to do is spark a bank run while attempting to save the depositors money.

I would imagine Acorn is closed (LOL) but I'm sure there are others.