All (excluding lucky) successful fundamental investors and technical traders integrate a sound strategy for risk management, hedging is a component of what Buffet might call a fundamentally sound investment station. $66 is 1.2% of profit, if there is any chance of the described loss being incurred, risk reward ratios would insist hedging when it's cost is only 1.2% of profit.

Creative Financing is the Art of "Horse Traders."

The point is that distressed areas have such prices because it is difficult to invest there, and areas that appreciated the most rapidly may well have peaked to unaffordable levels.I saw a podcast recently where it was claimed that high-end grocery stores like Whole Foods Market and Trader Joe's are a good indicator of a high-end neighborhood.

Pick areas that have a lot to offer....great schools, great jobs,  high traffic, close to major players like Trader Joes, Whole Foods, Starbucks etc.

For ex) our garage has to be attached and not facing the road.

I think the $/sf value you get being in that neighborhood, next to Snooze and Trader Joe's and a straight shot down 8th to downtown Denver is hugely attractive.

No one knows if its true or not - could've been made up by some underpaid trader.

Make sure your getting commerical discounts (we go down to 150 for ex) if your going to be a repeat customer, and make sure they use aliphatic acrylics before signing (when you ask if they squirm, they dont even know their chemicals).

I dont know whether or not I want to trade real estate but the courses were a great insight and Im sure it will help me in the future even if I dont trade....enough about me...

There are hundreds of institutional public and private bankers, hedge fund managers and institutional traders in big legal trouble these days.The way these deals are presented and supposedly done in this "bulk asset" private broker black market industry is absurd.