I have done extensive research regarding real estate and now finally ready to dive into the industry.

If you extend the loan - yes, you can add the hefty penalties and extension fees, however - what's the end?

All of them ended up in extensive litigation all the way up to the Third Circuit Court of Appeals before it ended up settling. 

Pros and Cons to everything I guess.Buying a Property with Cash - This is an extensive subject but I created a post specifically for this topic and how to structure it properly HEREHML are one of the other loan types where the lender will have their own rules. 

Interview them extensively.  

I have used this extensively in many REI businesses with huge success!

Easy Reno of existing house and add a duplex extension on the rear to then sell two addresses/properties for the price of buying one!

The two i'm doing now were extensive. 

Finally, the last cool thing I am going to do is use my extensive knowledge of social media advertising and web design to ensure I'm in front of these distressed owners by not only getting into their mailbox but also their social feeds.

Finally, the last cool thing I am going to do is use my extensive knowledge of social media advertising and web design to ensure I'm in front of these distressed owners by not only getting into their mailbox but also their social feeds.