I've done my research on this forum on that website, so I think I have a good grasp on it.

The way you laid it out was really easy for me to grasp, and I have made a template of those charts provided, if that's OK.Thank you for that, honestly.

At least it was a very difficult concept for me to grasp when I started lending in the Mid west in 2001 and 2200 loans later and a few hundred defaults learned that appraised value in the MId west and upper east had NO bearing on TRUE value

Obviously I am not grasping something.

I am trying to get a grasp of how it works.

Not talking to you directly, but it's just something people outside of SE MI can't really grasp unless you grow up there or spend a lot of time in that region of the country.

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.