I appreciate and understand (basically) the scope of work thanks to your eloquent explanation.

I'm also waiting for an explanation from them on a $24.99 "cure fee".

I am looking to send a very basic message to someone with a postcard, like "Earn 10% with your principal secured"...go to [my web site]Then the site will have a video and an in depth explanation of the investment.

Other than reading articles online, base from experience of real people, laws, and how terms are applied in real life situations, i find investopedia.com to be a good guide as well for explanation and definitions of terms in RE that you might find difficult to understand.

I totally agree that the loan associated with that purchase will be scrutinized very closely, will almost always require two separate appraisals, both ordered by the lender, and a letter of explanation on how the property was acquired for such a low price along with an itemized list of repairs completed may also be necessary.

Jon, the whole Medicaid Medicare explanation was spot on.

All thanks for the info.. especially @dion excellent explanation.

Each of them focused on different market(s), varying neighborhood demographics, and with slightly different investment philosophies.Without getting into a lengthy step-by-step explanation, my suggestion to help point you in the right direction is to focus on markets with a stable housing market, and a growing (or stable) local economy.Once you've identified the best market for you and your investment goals, then select neighborhood and property combinations that make the most sense.

Many of the 'explanations' that some LO's and Lenders give is simply, B.S..

Completely undamaged and no explanation.