Maybe someday the people on the left coast will be allowed to defend themselves just like we can in the rest of the nation (where we're still relatively free).

Matt,The volume I was speaking of is not derived from REO, but from Trustee sales and in that case, with teh systems we have in place, we can in fact go over the standard 70% mark and still make our annualized returns, often even higher because we are in and out much quicker.Example, if I buy at 70% and average a 25% return for 3 months in and out, then go as high as 80% at trustee sale, but am in and out inside of 6 weeks and average 14% returns, my annualized returns are even higher and quarterly returns are 3% higher than the 25% I average on REO 3 month flips.

In our case, "Fat A$$" (as our evicted tenant has become affectionately known as) probably got coached by somebody because he finally answered his summons on the last day of the deadline forcing the case to court, another 2 week delay.

These "fat cats" will pick up and emigrate to Australia and New Zealand.How it ends will be anyone's guess.

Finishing school is very important though as most of our society is brainwashed into thinking IQ actually counts for something.If you truly want to learn a lot, go to as many free seminars you can in your area and also read as much as you can on the forums

Bowling and billiards are things that fat guys can do!

Or call up the Father from My Big Fat Greek Wedding... maybe he's looking for a vacation home :)

I'll feel better about all this when those of us who have been making payments, regardless of the value of our house, and who are not underwater get a nice big fat check, too.Think about it.

(Fat chance you'll see Scott Yancey or Dave & Pete in here offering helpful info....)"

But I'm just stating my opinion which happens to be different than yours that you can, in fact, find deals at significant discounts (i.e. 30%) without stealing from grandma.