If you put out your lifeline out into the world during this time, I guarantee someone will reach out for it.Banks, businesses, and financial institutions want their problems off their books by the end of the year.Those REO's that have been an issue because the banks are waiting for the right offer, may be a little more pressing to be unloaded during this end stretch and this may be the difference between an accepted offer or a missed deal.I'm light of this information, it's easy to see how this imbalance between the increased deal potential and the decrease in competition can create the perfect storm for profit to the savvy investor that is willing to go the extra mile and not check out through the holidays.

The usual way around this is for people to get funds as gifts from family and friends, but the lender will want a gift letter from each saying it is really a gift and not a loan that is expected to be repaid.Also as @Wayne Brooks said, you're going to be hard pressed to find any hard money lender who will make a loan on an owner-occupied property since all the consumer-protection laws went into effect after the last bust.

I just looked into it - when I type in "Saint Louis", the option for Missouri comes up and I was able to press it and then click the "Add area" link.

If not, what would you recommend as an ideal bench mark.As far for your fancy footsteps, I would not mind to pay to see that and along with your long overdue upcoming courses =)

Unless there were a pressing need for using a foreign LLC ...

In SS, I think you will be hard pressed to find a better return then that.  

You will be hard pressed to find abetter return elsewhere in the world.

Hopefully the press and failure will keep him from being so successful in his future cons...Thanks to everyone in this thread for sharing this and other stories - certainly sobering!

If he shows up again, you should ask about pressing charges.How he can blame the landscapers for harassing him when he is on the property without any need to be there is beyond me.

You would be hard-pressed to find anyone that has gotten those kinds of returns in the past 2 years.He says the "secret" he unlocked was to avoid the 2 types of real estate investing everyone else does1) focusing on cashflow and 2) avoiding BRRR.