I'll never begin to understand how and why a borrower should be rewarded by being able to stay in their home, yet not pay the note.

I searched the board, this question have been asked numerous times but never really answered.

The broker for the property, Brian Harp, BLH Property Management, has repeated ignored requests to return our $500 deposit and made numerous excuses for not sending it (been travelling, can't find papers, .....).

Great risk = Great Reward, but it can also bankrupt you if caution is not used.If you have a "day job" this strategy is very difficult.

Numerous foreign companies and individuals own property and companies in the US.

But that all takes work, and you better believe it at first you will need to do all of those things in order to get going, unless you already have a lot of cash to where you can outsource all those things.The people who will be rewarded are the ones who will do things that others won't do...

Well worth the wait plus I had an immense knowledge source from the other local investors at my disposal.Use that hunger wisely young grasshopper and you shall reap the rewards.

Mr Barnard, it would seem that your area of interest (REO's and Short Sales) is also the area I would like to pursue as I feel in this market it has one of the greatest possabilities of reward.

Investors is the Solo Roth 401K.Matt, while I agree that a SDI is not for everyone and also agree that a solo 401k plan has it's rewards, it is not necessarily the "Ultimate Plan".

To determine whether or not this is a good deal depends on what you intend to do with the property and the condition.I have walked through numerous homes and written NFF on the sheet-meaning Not For Free!