I'm now thinking that I should continue looking for properties, within say 100 mile radius from home.

the cons with it is that if you stay in it long time, you could end up in a negative equity situation..because your payment is lower then the p&I and ther is no principal going towards the balance..that is if you continue using or paying on the neg am choice..the option arms and neg am's are really popular in California..but their making their way across the u.s.

This info is from MLS monthly reports.We are continuing building custom homes - but I wanted to give rehabbing a try.

The bank is currently in the process of evicting but it would not be complete if I decided to purchase the prop and then I would have to continue with the evicion process.

Those articles in the Charlotte Observer show entire neighborhoods that have many many foreclosures and values dropping as buyers struggle with those subprime loans.

But there are 2 places, it seems to me, where growth has been exploding for two decades and will likely continue: Las Vegas and Phoenix suburbs.

There are charities that will list your TS for free but you continue to pay your fees until it sells and, as it is probably becoming clear, selling one of these things is extremely difficult.

And it's doubtful that housing prices will continue upward in the next 5-10 years as they have in the previous 10 years or so.Also I'm having a bit of a problem figuring out your present loan.

.- If you agree with me that interest rates are going to continue rising then you would be wise to leverage to the hilt now by using the highest LTV FIXED RATE loans you can find and re-investing your money into more investments.

In addition if I do have enough money to start should I continue to rent a place and buy a place to rent to someone else?