Eventually, 358 of the homes fell into foreclosure.The following 11 defendants were indicted on mortgage fraud-related offenses including engaging in a pattern of corrupt activity, a first degree felony:Uri Gofman, Tony Viola, Igor Gofman, Kevin Landrum, Dave Pirichy, Dale Adams, Steve Greenwald, George Gardner and James Leoni along with Real Asset Fund, owned by Uri Gofman, and Karka Inc., also owned by Uri Gofman.

Hi Everyone  I'm new to real estate  investing and I want to buy and flip homes I'm currently trying to save money to buy my first property and also build my credit what would be some good advice to invest in my first home an how much should I save and also how can I follow  or identify target markets  for cheap houses and good market  and what website  could I use to analyze the market in my area.

It is very dependent on your place, location, and target guest, but I have built my properties' social following to almost 50,000 followers, with 65% direct bookings from that.

I purchased my first rental single-family home in North Carolina, which quickly introduced me to the benefits of passive income.Encouraged by this initial success, I acquired a duplex in Columbus, Ohio, followed by a townhouse and another single-family home in North Carolina, all within a span of a few months.

There are STR specific DSCR loans that account for the previous revenue if you are buying one that has been going already.Read Avery Carl's STR book from BP and also follow Bill Faeth, Kenny Bedwell, Taylor Jones to start with to get an idea of what is happening in STR right now.

But, it only said that I could be fined and possibly put in jail if, (I act as a real estate professional without following the guidelines and meeting the relevant requirements).

Its easier to trust a Guru who preaches great returns than to buy something that doesn't have as good returns in your backyard. many people will follow where they are told the easiest way to make money is its human nature.

Most investors follow the 70% rule of thumb (ARV x 70% - Rehab cost = offer price). 

@Kenneth Garrett I agree that cashflow is probably the best to learn, but I’m following for some more recommendations.

Go from there based on the results.We often tell tenants moving in that they can stay as long as they pay rent and follow the rules.