Nowadays, many investors use 60%-65% instead due to the downturn in local markets.

Internet makes things much easier nowadays.

The last REO deal I did was in 1996 so I'm not up on the latest trends and the positions of banks nowadays.

i think Tim did a great job,, internet nowadays is a much better way to advertise your business than a radio job,, technology for obvious reasons...people are spending more time surfing the net than listening to the radio,,,

I didnt want to come right out and say this,but yes, I will be using family savings.I look at this cost as lost bank interest, maybe 3-4% tops nowadays..

PMI can be very expensive based on the mortgage value and add quite a bit to your monthly payment for no return (other than getting the home you want).Cash out mortgages are harder to get nowadays, but doable.

I still have a bunch of those darn "50 free hours of Aol" cd's that they would send out to every person in america. lol I wouldnt really know whats up with internet marketing nowadays.

Nowadays there are a ton of websites with listings..find the listings and make offers.

the listing side was really easy back then, you put up a listing and in 7 days you get 5 offers above asking. nowadays, people including myself are offering 3-4% for the buying side.

If you don't like it, then don't drive and much as you do...or learn to drive a little more conservatively.Life is about adaptation...as generally speaking, we nowadays don't like adapting to the changing world...but it's necessary.