Kings is for sale, is technically wrong, since you're not selling a property you don't own yet....many have gotten into trouble there and it's not acting without a license (but could be) cases in may area went further saying fraudulent...Again, I doubt any broker will take a contract and advertise it for sale.

However, I think speculation is more of a "gamble" then the cash flow model.

That "The Plan" was subterfuge is now historically factual - the REAL plan is now obvious and should be criminally prosecuted for its fraudulent and damaging realities.

Let's say I get a $100 option on the property, up and get an inspection for another $350, I'm only gambling $450 now.

First, I'm pretty sure I've made more money in a casino than you've ever even gambled.

National Association of Realtors (NAR) has done and continues to do a great job being at the forefront of 'educating' Realtors, Brokers, Title Companies, Attorneys and the consumer public on the 'Fraudulent' actions of Short Sales.

I have asked around about financing, and so far the best I can find is 20% down, 6.75% on a 25-year loan with a 15-year balloon (so I would probably pay it off in 15 years because I don't like to gamble).

I figured the pricing at $25k might be worth the gamble.

In a climate of fraudulent activity I want to know I can successfully rehab a home using a private lender and know all will go smoothly.

Do not believe everyone running around calling short sale investors fraudulent, scammers, etc.