I dont have the exact numbers yet but lets say she probably has paid next to nothing off towards the principle.I have great credit, respectable income, and very very little debt.

I have enjoyed visiting this forum and find it to be one of the best on the internet.I'm new to REI and have a very ambitious short term goal of creating a minimum of $7,500/month income from real estate so I can quit my full time job and do this full time.It appears from my research that the most viable area for me to focus on is Wholesaling in that I want fast results without using much of my own money or credit.I respect the suggestions of the more experienced investors on this forum because I believe experience is the best teacher although it can be painful and expensive.So I'm excited to be here and look forward to some great times.Much Success!

Like a new home in many respects.

I'm not an accountant or tax expert, but a well-respected tax attorney told me that, so I believe it to be true.Mike

MANY of them will only see you as a student untill you earn their respect.

In other words, if the loan balance was 100k more than current value they knocked off 40K and 35K respectively.

(PS - Czech by birth; Hungarian by marriage and divorced by choice) :)Although I respect both your opinion and that of my dad, I do disagree to an extent.

Other markets like Miami and Tampa will see further price reduction (15% and 6% respectively).

I was treated with the utmost respect regardless of my past credit history.

The first house was with no money down, and I wrote my own contract.I look forward to meeting people on this site, and building lasting business and social relationships.Thank you,Respectfully,Josephine A.