James / Sherry,Thanks for the welcome!

I agree with James and think that your best bet is to take a few months to plan and find the best way for you to invest.

James sorry about your townhome.

James / We are at 55% in real estate, (all un-levered), 35 HML's and 10% other, (REIT's and other paper).

Thank you Michael, Brian, Kathy and James for the warm welcome :)After doing quite a bit of research, taking courses on all the different types of strategies, legal advice on the vast pitfalls of real estate investing, negotiating, etc.

I give a strong 2nd to James on Dropbox.

Whether you say ethics or any other BS in the real world these REO kings and queens have a list of buyers ready to purchase with cash where the REO broker can double end a deal.If the offer is close to what the asset manager wants then the bank doesn't care about double ending.How you level the playing field is to tell the listing agent they can keep all the commission so they will push your offer with all things being equal.It is a classic mistake I see brokers and agents make time and again.The REO broker is only getting a tiny fee on their side and having to cover a bunch of costs listing the REO so getting the other side is huge for them.If you are flipping you will save the commission on the sell side as an agent and you can put 4% co-op to get buyers agents in droves and still save 2%.The price has to be competitive and the rehab quality for the area as always.You can't just offer a higher co-op and then list high to compensate for it.That is another classic seller mistake.good luck

Originally posted by James Hamling:Mitch,you should read your own post.

As I noted and James is going into deeper detail, the Title company or closing attorney or whomever will send out the docs to both seller and buyer and will want them returned signed and notarized.

@James H. speaks the truth