This leads me to believe that he received another offer he liked better than ours.We'll see, sometimes they call you back a week later, sometimes two months later asking if your offer is still on the table.

That is, I go to the table with the sellers, get a quit claim deed and then go over to the final buyer and provide him with a warranty deed, paying off all the liens on the property and walking out with the difference.

Outside the classrooms their were tables set up where they had other "opportunities" available such as the RME.

I'd love to get together and talk (though I won't bring much experience to the table)

There is a big difference between running a business and having a hobby/passion.........if someone is rich and doesn't require their passion/hobby to put food on the table or clothes on your back then obviously you don't have to worry about a profit.

However, also keep in mind that in some counties there are too many properties and not enough bidders, so there could be deals still left on the table (so it's important to perform your due diligence on all properties of interest to you and/or your Investors---or consult an Attorney who is familiar with the process in that area).

Said another way, “not having a mortgage contingency on the contract” is a very different thing than writing a check at the closing table for the deal out of internally generated funds.I highly recommend removing as many barriers to a deal with which you feel comfortable.

While you didn't provide nearly enough information, it's unclear that you can even afford house #1 so getting into more property sounds like it could be a recipe for disaster.More simply put, if you're not in good enough financial shape to bring an extra $15k to the table to sell house #1 *and* put enough down on this newer house that you want to buy, then you're not in position to buy this newer house period - let alone own 2 houses.

Some individuals are having a difficult time.During the real estate boom there were still people not doing so well.This is because they made bad decisions and are suffering the consequences of living too high on the hog during the boom.This is the kind of economy that will create many millionaires, take advantage of this time because there is plenty of money to go around.This is just a natural thing in the economy.It is called a correction in the stock market.If you believe the doom and gloom of the media your doomed anyway.Our economy is the strongest in the world period.The question I have Is there food on your table a roof over your heads and cloths on your back.Hmmmm I guess your not so bad off.You just have to give up a couple of luxuries.Maybe you can;t afford that new model of 10,000 inch plasma screen TV oh well.If you have the neccesities and your family there is nothing to complain about.My wife is filipina and i have been to the philippines.

You left 10K on the table at least!