The truth of the matter is, there are many good, professional and hardworking contractors and some (sad to say) are not.

Ivan,You might want to search for "The Truth about Wholsaling" thread that was started by Will Barnard.

Enough said.However, do not end up on the losing end of this potential deal by over paying for this property.Stick to your numbers and put in your bid as if this never happened.And remember, our country was founded on this principle:"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."

Originally posted by J Scott:Sounds like you're just starting out and don't know what you don't know.Wade Zebro This statement is the truth.

Brandon speaks truth. :)

So it seems as if their is some truth to having partners after all.

I'm not a lawyer and don't know the potential truth behind the statement but it is something to think about.Just something to look into as part of your DD (no legal advice)

While I hate that rule of thumb, there's a kernal of truth behind it.

My rule; if you are that forthcoming, you are a terrific risk ... it is the ones that hide the truth that are the problems.If I do meet with a prospect face to face, I pay close attention to how new the automobile is, the jewelry, the toys, i.e. cell phone, and the clothes - are they designer clothes.NOTE: I once read more than 50 percent of people making less than poverty level wages own a smart phone.

Originally posted by Dev Horn: Ain't that the truth!