What credit repair companies do is basically pretend to be you and dispute your past accounts. 

Don't pretend to know how things work simply because you've listened to some podcasts and read some forum posts here. 

I almost never fall on the side of government regulation for anything, but even I have to admit that I understand the reasoning behind these laws on the books that are intended to prevent the pretenders from playing in this end of the pool.It is a lot easier to work with houses in physical distress, than it is homeowners that are in financial distress.

Once the property was acquired and rehabbed by the Investor Partners who set up the "Credit Partner," the deed would then be transferred from the "Credit Partner" to the LLC of the ACTUAL Partners, $10k would be given to the "Credit Partner" and that Credit Partner's role was ended.This was FAIRLY common and all kinds of people, from Mom and Pop to experienced Real Estate Investors had conducted this.Most people believed that Credit Partners was a win-win for everyone.The problem here was that the "Credit Partner" is an illegal STRAW Man, who pretended to have the intent to own a property for his own use only to defraud a Mortgage Company.But this was fairly common practice and was done ALL THE TIME.When the financial crisis hit, the major players who ran this scheme was put in to jail as the Investors lost money from their properties.

Our gross income on this property with those rental rates will be $60,000 and let's pretend that our expenses over the year were $5,000.00.

The only profit in the deal is IF the value goes up (which may happen but what if it does not happen - let's pretend it's 2007 now and a lot of people told you, the price will go up)If it were me - NO, I will not buy it.

I've seen credits that are 75% of the monthly rent and higher.This is a great option because so many sellers are clueless.Great points there, this is sort of the wild west for a educated buyer to take advantage of an uneducated seller pretending to be educated.

Pretend like you're looking for a 4.000 square foot office in the area and see what you can find and what rents they're charging (comparable rent survey).

Goals, Mission statement, a strategy and specific outline" those are framework items.Instead of trying to get a formal written document together for this, pretend you had $200,000 cash in the bank and wanted to use it as minimally as possible to make ONE deal in the next 2 years.Then ask yourself can you verbalize: what you want to do, specifically.

The pretender then asked me to get him twenty 100 dollar itunes gift cards to distribute to the lucky winners and he would reimburse me as soon as the conference was over.I said I understood and asked him for the details.The txt'er provided whatever it was and I responded that I had a tough day and would get right on it as soon as I was finished with my nap.I could feel the frustration in his response 'may I know when you will be awake from you nap?'