I guess the biggest hurdle with local investing is the large amount of capital needed to get started (relative to other markets, such as Indy).But there are clever ways around that, such as the technique J.

@Ben Leybovich thats clever thinking.

Nothing wrong with coming up with a clever name and double checking to see if that name is already taken or incorporated and stealing the website domain.

Clever or Conventional?

After doing the Facebook page you will be better placed to make the right website decision because your objectives will be clever.

There have been some clever workarounds in the past, but once a pattern emerges that raises red flags, the banks legal department figures out a way to put and end to it or at least make it more difficult.

If the farmer is REALLY a motivated Buyer (questionable, because otherwise he should have bought it in the first place - my guess is he just tried to be a bit too clever), then he should now pay AT LEAST fair market value ($100k less what you allow for repairs).

Ah, back flipsOne of the gurus who regularly emails me was crowing like it was something clever he came up with.

Overall I think this could be a clever strategy, but I think you should be licensed to do this and the situation needs to be right.

In my area Realtors began the same practice for listings as a clever way to serve their client, not losing a month of good marketing time to some fly by night.