I was wholesaling until the Tampa Bay market fell in the toilet.

I bought my first "cash" deal in 1989 and the only mortgage since then was for a personal residence deal that fell into my lap when I wasn't looking and was a bit cash poor, with a sh** pot of income.

This one fell out of the sky into my lap thanks to my agent.

My RE attorney reviews my documents because he does the closing.However, when a recent deal fell through he sent me a bill for $250, which I was fine with.

The Dr 'needs' 240k/year to live off of (which means withdrawals of 300k-350k from a retirement account) while the engineer needs 60k.I had a morning meeting with a client (late 60s) who fell out of his chair when we told him that in a couple of years when he is forced to start withdrawing from his IRA that his yearly income would be 100k.

Hi y'all,
I am not involved in REOs but i came across a person who is able to provide me with a list of REOs after the monthly auction. I am thinking to try buying one or two of this list and wholesale them. Most prob...

And amazingly enough when I decline to make said improved offer, the house is reoffered to me soon after at my price, or stays on the market because said offer didn't actually exist (or the other offer fell though, but then the listing status should have changed.)And then there's the do anything to get a sale attitude.

I was always an opportunistic buyer and even though I was conservative financially and always tried to keep from getting overextended I did NOT let that keep from buying when a TRUE DEAL came along.The only time my ratios got really out of whack was when I fell into a deal to buy 3 at one time (within a month of buying another rehab) but I got the three at about FIFTY PERCENT OF FMV.

I had a POF and LOI from a buyer but they are exploring other options as all the bulk reo deals fell apart.

You would have been out of this property long before it fell this far.A lot of this stuff going on to relieve debts is aimed at owner occupants.