Even though we see adverts for subprime coming back like in the Scottsman guide I don't see them happening in practice I have yet to see one in any of my retail sales I have made in the last 18 months..

Compared to in February where homes above $1,000,000 made up only one in every 40 home sales.

not sure I would recommend ghetto rentals.. your friend is an outlier if he made those work.

If you have worked for yourself for 17 years, then I 'm sure you have provided service to people, you have customers who trust you and value your work , your work ethic, ... etc.

Have saved a ton of money over the years being my own plumber, both in my own house and in my rentals.Cons: Made lousy money working for someone else.

I have not been to Irmo/Columbia for several years, but many speculators made money along the 26 corridor back about 5 years ago.

A little background about me, I am 25 - I work in the construction industry ( CAD-Roof Trusses-Wall panels-Floor trusses ) I have made an okay living doing this and my side business is, renovating small apartments or certain parts of homes.

Conventional loans can be made on investment properties but the rate will be a point higher than owner occ. and the LTV will be 75-80% maximum.

We can collect and forward payments to the utility to ensure that payment is made.

The sale still made sense, but at a lower price.