Originally posted by Wheatie:To be frank, when you offer 20% returns and say "there is hardly any way to lose money in what I am doing" my eyebrows really go up.So do the eyebrows and investigative interest of every state regulator and the Securities and Exchange Commission.

So the protection of the law would not apply.I strongly suggest that you investigate the laws in your state regarding Sub-2's.

Use the various REO lists from the banks to investigate properties.

I've heard a lot of talk about prospecting and short-sale investigation on here.

Short Sale Packet: Listing Agreement Last two years tax returns Last two bank acct statements Last two pay stubs Property disclosure Hardship Letter Preliminary HUD-1 Etc...

Federal Bureau of Investigation entered Madoff's New York apartment."

I do it all the time.On the other hand, if the agent you have been working with has spent time and efforts with you investigating properteis for you, offering professional advice, etc, you owe them the commission for that property, but not for others you do yoiurself.

BG, I think you might want to investigate why they will only accept cash.

The U.S. net international investment position at yearend 2007 was-$2,441.8 billion (preliminary), as the value of foreign investments in theUnited States continued to exceed the value of U.S. investments abroad (table1).

I believe the idea of holding the deed in escrow would fall apart when the lender got a preliminary title report and the person on the deed didn't show up as the owner.donrock