I know this wont be for every case, but what are the truths here and MUCH more important, how can I get around these bumps?

Now that doesn't sound right because if that was the truth i would rather take that 40-60% and go to the conventional bank!

Call the lenders and talk to them about what they will do to work with you.Krzysztof may be overstating it, but there's an element of truth to what he says.

The honest truth is that if you create an "out" for a debtor, don't complain when the debtor takes FULL ADVANTAGE of it.

I can't imagine any circumstance a borrower would go along with this plan if you tell them the truth that you don't plan to pay the mortgage.

Do you think people were buying homes 3 years ago thought, 'well, if this doesn't work out, I'll get the us tax payer to bail me out'.The truth is, this market is a market.

Truth be told, the illegals that I happen to know personally, are all still here and in their houses, either owned or rented.

Many people mistakenly believe that since the market is in a slump that it would be nearly impossible to wholesale properties, however nothing could be farther from the truth.

If you cause the damage of someone reputation, thereby causing them to suffer any kind of hardship, yes, you can be sued, but as long as your statements can be proven truthful, then you are not liable for the damage your statements have caused.

John Beck is just another Guru pitching a bunch of half-truths and falsehoods to sell a product.