That's the difference between living in the overbuilt hinterland of Eagle's Point, as compared to world class theatre and gorgeous parks in Ashland.

Will tenant pay for all utilities, including water/sewer?

. $5B a month in buying capacity is at the higher end compared to most of the bottom feeders. 10% of Countrywide was sold for $2B and they actually make money on their loan book.Under 5% of the mortgages are in default.

I like all the answers, but like taking a swim in the water, you have to know what market you are in.

Not because i "didn't apply myself" but because what they were teaching was so watered down and regurgitated from the previous years that i was deathly bored of it, and a piece of paper (diploma) simply was not worth it to me.

That said see what he will really take and compare that to what Fair Market Value would be.

What you need to do is educate yourself.To answer your question, yes where you are, your market and the deal itself all matter for the type of investing you want to do.In a college town, you are going to be renting to students and not alot of flipping as the number of buyers is low compared to renters, so you can see, it really does matter.The type of loan they have as well as available equity in a property might tell you if it is a sub2 deal.

Am currently rehabbing a house and can hear the water gushing under the house (Crawl Space) when toilet is flushed.

Here are the numbers.Was asking 59,9Estimate appraisals 23K, 23k and 30K per homeWilling to take 45KCombined taxes are 77.00 per monthCombined Insurance 120.00 per monthCombined water and trash 90.00Monthly Payment ?

In a nutshell, residential sales volume is down, but prices rising, although at a slowed pace in most areas.Rental rates have dropped slightly, and there is much more availability compared to a year ago.Here's the most recent Honolulu Board of Realtor's stats:http://www.hicentral.com/hbr-stat.asp