•Solicitation of bids and proposals.

It has been proposed that Lubbock build a ballpark downtown (a couple of miles from TTU's field) that Tech will use as well as a minor league team.

If this happens, you may be able to present a 'short sale' proposal to the mortgaees...

*************************************************************HUD No. 04-037Lemar Wooley (202) 708-0685www.hud.gov/news For ReleaseWednesday April 14, 2004 HUD RAISES FINES FOR LENDERS WHO FAIL TO ASSIST TROUBLED BORROWERSWASHINGTON - The Department of Housing and Urban Development today published a proposed rule that would triple the amount of damages HUD can seek against a FHA lender that fails to engage in loss mitigation techniques.

He might as well move from the area or work for someone else.I'd try to work it out so that he doesn't lose but he got himself in the deal and you based your transactions on what he proposed, so he needs to take responsibility too.

Proposed terms: 150,000 at 9% interest over 24 months.

This year, I've decided mostly to focus on flipping houses because I don't think I'm ready to get involved with landlording or hiring property managers, etc.I just joined my local REIA Tampa Bay chapter and will begin attending meetings, but I'm hoping to learn more about certain things online as well, things I've been having trouble narrowing down in the forums.I'm wondering about:•How hard money lenders work, and how you communicate with/propose deals that a person in that position.

For a quick back of the envelope figure out the NOI from proposed lease and expenses then divide by prevailing cap rate for comparable properties.

Although, many on this site report positive outcomes.I could use a word of wisdom on how one proceeds with this venture without making predictable mistakes.I would greatly appreciate feedback on the proposed deal:Sale Price $980,00Price Per Unit $35,00Price Per Foot $41.26CAP Rate 7.1%GRM 4.86xBuilding Size 23,750 SFLot Size 43,124 s.f.Year Built 1969City Desoto TXGross Scheduled Income $201,424Other Income 703Total Scheduled Income 202,127Vacancy Cost (28,610)Gross Income 173,517Operating Expenses (103,682)Net Operating Income $69,836

If you have a investment proposal in writing you can fax it to me at 888-959-2329 and I will have my attorney look over it and do research on the opportunity.