If you can grasp the concept and look at it from a numbers perspective you will get to the top much quicker.

(If I have a clear understanding and a clear purpose, I do the required work.)I'm also glad that I wrote these posts today because I feel that you have a fuller grasp of my situation now, due to the details and opinions I've given, and your advice and instructions will really parallel the reality here.

There are many people who will happily throw you under the bus just to get your $97...Scott, you are clearly not grasping the concept here.We are in fact Fully Disclosing our intent to profit up front and in writing through the Supplemental Short Sale Addendum that should the lender wish to be notified of all higher subsequent offers we are clearly telling them that we will comply with their demands but that we will be compensated (by releasing our Equitable Interest) for doing so should they decide to approve the higher subsequent offer.Fraud would imply that we are attempting to conceal our intent to profit.On the contrary, through the use of the SSSA we are telling them that we will profit while still complying with the exact letter and spirit of their affidavits.For further education on the subject of the definition of Fraud I would suggest listening to an attorney explain the subject in detail here:http://www.smartrealestateinvesting.com//webinars/ronballard2011/

Okay, I've done a lot of research and have scoured the forums, but I'm just not grasping the financing end of making deals.My goal is to buy and hold a property to landlord.I found an excellent deal and was ready to make an offer only to find myself going in circles with banks.I formed an LLC months ago so that if I saw a great deal, I could pounce.

Originally posted by Corey Dutton:I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.I think you do not have a grasp of the modern world.

Start by grasping the big picture and drill down in the subject and spend time staying current.

I know there are those around here who don't like to use their own buyer's agent, but -- and I don't mean this to come off as insulting -- it doesn't seem like you have a good grasp of what you're doing here and how to protect yourself.

It tracks manages and budgets your utility expenses so that you always have a firm grasp of what you are overhead is and will be.The end game ALWAYS has to be focusing on saving money and / or containing costs.

If you're just grasping for reasons to evict someone and you can't find a legitimate reason other than hoping they don't pay you on time, then you're likely not very well suited for the business on your own, and you should seriously look into hiring a property manager to handle things for you on a non-emotional basis.

I would think the commercial properties might already be in an entity since the father seemed to grasp what he was doing, whereas his daughter not so much.