Folks,We are still on for tomorrow night for the Buffalo Biggerpockets meet up at Frog hair at 7pm.

The whole if you wanna get smarter, surround yourself with smarter people than yourself(shouldnt be all that hard) :rofl:Yes, in answer to does the seller carry insurance, thats a big affirmative.

Hair under 5%. 3 points at closing.

It's not like a part time real estate agent just going "oh look at that pretty kitchen" to her friend from the hair salon and closing one or two deals a year.

If you pass this year with no issues, they won't physically inspect next year, but will require an affirmation that property is in good shape.  

They should not make a formal application because they are in a BK proceeding (someone can borrow and affirm a debt in BK, but should only do that with the knowledge and advice of their attorney as making an application may effect how other debts may be viewed as to their ability to pay, so it's not wise to ask for money during a BK).

If there are assets on the books with hair on it like those mentioned, bulk selling those assets becomes attractive to an asset manager.

While I have never worked with Bill Hair, I can tell you he is the most respected man in business/real estate litigation in the county.

I don't really know why, but I think this post just affirmed my desire to buy cashflow over "potential" appreciation.

It is affirmation that I'm taking steps in the right direction.