I doubt you will get any money down if you do this, but you can guarantee an equity plan for them when the market rebounds in the area.

My long term goal here is basically to rent it out for another few years until the market rebounds and then do a quick clean up on it and then sell.

I read an article in the WSJ today that said some analysts are forecasting the housing market to take another year to rebound... yikes!

I would say that depends on what state the economy is in three years from now, just about everything thing I read is a slow and not so steady rebound.

I would prefer the market rebound and rent it in the mean time.

Maybe it is a sign that the market has started to rebound or maybe the law AB 284 Nevada passed last year has temporarily reduced the REO inventory.

It was far from the 2% rule, but I know this property would appreciate if the market rebound in LV one day.

Currently I see predominantly cash investors buying in Dayton in the areas that I "farm" but I feel confident that when the economy rebounds values will escalate to the point where retail buyer can begin to become a factor again.

Hey Marc Bodinger, inventories are pretty low and the market seems to be on a slight rebound.

Or has the market rebounded enough to not need to bother with staging anymore?