Very good stuff....except for the image of a naked grandma I can't shake from my mind!

So I got a congratulation letter that my offer was excepted and a contract to sign and return within 48 hrs.

If anything, you get more of a direct benefit from the purchase than the charity does, yet you're not a registered charity.I'm guessing the exceptions made by banks to charities is with the expectation that the charities are directly benefiting from the transaction, not investors (like you and me)...so, while you may be following the letter of the bank rules, it doesn't sound like you're following the *spirit* of the bank rules (again, assuming we're correctly understanding what you're doing).In the end, when you don't follow the spirit of the rules, those who make the rules are going to end up changing the rules, and then others are hurt by those rule changes.In terms of questioning ethics, I guess the real question is, if you were to tell the bank exactly what you're doing, would they be happy about it or not?

Many months you will have no expenses at all except the taxes and insurance included in the mortgage payments.

Just a reminder to everyone (except Arizona) to set your clocks forward Saturday night before you go to bed...

EXCEPT they messed up my phone number verification so now I have to contact postlet help to get my number verified before the ad can go public.

States have leeway for exceptions, so long as the intent remains in the big picture and if any state law is found to be applied out of compliance the federal law governs.

I am in the genesis of my real estate wholesaling adventure and most issues that arise I am able to research or figure out some way or another, except one!

And, I didn't have a dime of cash in it except some filing fees!

An auction can be held for anything whereas a foreclosure generally wipes out everything except the first mortgage (AS LONG AS) you are not bidding on a junior lien that is foreclosing.What you need to do is look at the local foreclosure attorneys for the county you want to buy in.