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To: Cogito Ergo Sum who wrote (47970)4/4/2004 5:49:23 PM
From: maceng2  Respond to of 74559
 
I was concerned as my sister is looking to buy a rental property

I am in a similar situation. I have elderly parents who have a real swish house looking to sell it. They don't have much income, but are putting in tons of money into making it look good before selling it. I also have lots of near and dear ones looking to buy first homes.

I am an admitted gold bug -g- However I am concerned about the markets in general. I am hoping the house sells work out and the house buys are delayed. Buying in the lower end should be be a lessor risk I think.