I have not attempted to refi in the current environment.

If anyone has a source for 20-50mil in NYC that is what they were looking for and I may be able to persuade them to attempt again.I am looking to set up networks for shorts etc.

It details out my experiences as I have been moving forward attempting to get into the B and I quadrants.You have come to the best place after reading his books to get more information and details on how things actually work in depth.

So the seller and I discussed a few options if I cant get a loan.. 1) lease option - I 'rent' for 6 months or so, until taxes are done next year, and attempt to buy it again at that point assuming since my taxes are now done/documented I can get a loan2) seller financing (this is what I would like the most advice on) - the seller does not own his house outright, he has a mortgage.

Remember the phone recording, "We are attempting to collect a debt...."

The government is in the process of attempting to PROP UP asset values.

First of all, the landlord is required to make reasonable attempts to find a new tenant for the space, and your friend will only owe for the time it is vacant.

I can either stay in and make the best of a marginal acquisition, or back out and fight the interpretation of the execution date of the contract and hope the seller doesn't attempt to enforce specific performance.

$250K is not only the gross (we killed a gross receipts tax attempt here in IL), but even as net it could be equal to zero or less than zero.After struggling for five, ten, or even fifteen years in business-- perhaps the first several years losing money, and taking on debt and enormous risks, it's not uncommon for a business owner to eek out a $30K, $40K, or $60K a year living for years before one year magically getting a single contract that propels them into Obama's mystical $250K bracket.The average for a decade or two may still come out to a mere $30K - $40K but all of the sudden after years of sacrifice, delayed gratification, and self-deprivation a person would quite literally be penalized by the Obama class warfare.The reason is simple- Obama hasn't even held a legitimate job, let alone run a business.

I would recommend staying away from their attempt at integrated e-pay.