Banks lent too much money to people and financial institutions that could not pay it back.

When we bailout the Financial institutions who have mishandled and mismanaged the funds of stockholders and account holders please show me how that is different?

You at least should hold the property 1 year and a day so that you only owe 15% cap gains when you sell.Our land contract tenant didn' t pay the insurance two years in a row and the lender instituted forced insurance letters both times.

The individuals I'm working with are not 3rd party they are salaried employees of the institution."

I'm going to miss a president who at least waits a couple years to royally f*$# things up and can appoint treasury secretaries who know how to fill out a 1040.Interesting revisiting old threads....

All of my contacts at Bear Sterns have been resituated at other institutions and I now have more opportunity than I did then.

In getting approved for trading options, everybody gets approved for covered calls, buying calls and puts are the next level and still easy to get, then selling covered puts which becomes harder to pull off profitably then selling naked is the hardest level to get and is for high rollers and institutions mainly.

Also, I perceive that hard money lenders (for wholesale purchases) are qualifying just like institutional lenders: credit check, full doc and 20% down.

." - wealthloop.And just a comment on incorporating... please make sure you read what TYPE of LLC you're filing as when going through the process... at least on the state level I know, you can get royally messed up with minimum taxes and etc if you do it wrong...

What major institutions invest in them?