A L LP E O P L E A T T E N D I N G A R E R E S P O N S A B L E F O R T H E I R O W N D R I N K S A N D F O O D.

Scott, I made the phone call and had to let the person down but explain the short sale being the best escape strategy in this case for them.I sent the grandson a followup email with links to the HUD preforeclosure FAQ, short sale benefits and application, etc. and told him that I'd be his "boots on the ground" for the property, since he's in Arkansas, I'd do whatever I could since I'm local to the property, to let me know if he needs anything at all through the process and to keep me updated.

RE and finance is governed by state laws and AR and TX are very different, you'll have much to learn and not get confused if you plan on playing on both sides of the fence. :)

Several offers using the 70% rule has gotten us zero purchases.We've tried several markets in Houston to try find a market where the BP calculators actually ar workable.  

I am a licensed Realtor in Arkansas and am an active member of Central Arkansas Real Estate Investing Association (CARREIA).Before "the Crash" & "the Bailout" in 2007 I worked in Northwest Arkansas as an agent for investors acquiring or liquidating properties.

If you can initialy get a HML you can turn around and do a R & T refinance on that same loan the next day. 

1st go get a realtor they work for you as a buyer for free.... 2nd ar you buying this reo as a owner occupant or an investment ? 

Hello,My name is Billy, and I am in Little Rock, AR.

I had not thought of the cash out refi Gautam.Marcus I made a good profit on first 3 houses (25-30k), broke even on the 4th (Arkansas in 07 just as the bottom started falling out) and now living in the 5th.

I am starting an online program to get my AR real estate license and want to work as a part-time associate to create extra income and I also do home improvement projects for people on the side.