Agree or not agree - this is the result to be expected if you follow the same path.Lesson:Don't be greedy!

And that being said, dont be greedy and blow a deal over some nickels :)

If you are not greedy with your allocation of components, you usually do not need to hire expensive professionals for such a small project.Finally, are you 1031-ing into this project? 

I am new to the real estate too and still learning all the terms and such (was a stock day/swing trader wanting a more passive income) so take my opinion with a grain of salt.

It was the greed is good and I got mine mentality that caused the problem, not a desire to see that home ownership was opened to more people.There were plenty of plenty of buyers of RMBS and CDOs bought with the greater fool investment theory.

I am not a greedy person and would love to share the wealth I find with anyone who can help me get the ball rolling.

@John ThedfordDamn I thought predator lending was outlawed...We need to fill the jails with those greedy bastereds who solicit such rates!

Be greedy when others are fearful, be fearful when others are greedy.

They tried the media--poor old folks being forced out by greedy heirs. 

There will always be the poor, the ignorant, the greedy, the uneducated, the unsophisticated and those that pray upon them.