The contract doesn't indicate under what circumstances the borrower may choose not to continuing paying the debt; it only indicates the repercussions of not paying (foreclosure).Bank's lawyers and actuaries are not stupid -- they know the risks, and it's up to them to write the contracts in a way that both mitigate their risks and still attract customers; if they can't do that, the business fails (capitalism at it's finest).

Conversely, NO burglar or car thief wants anything to do with a minivan full of dads and husbands armed with Samuel Colt's finest creations.

There are some good deals to be had in the Cocoa/Titusville area but those are also the less than desirable areas.

Darwinism at it's finest.

The original video was fear mongering at its finest to sell a perfectly valid point/agenda.

So I am aware of the boom and bust nature of our fine state, even if only by way of news reports and seeing my grandparent's home go up and down in value. 

Consuming cocoa reduces the risk of heart attack and stroke, and lowers the risk of death by cardiovascular disease.

Florida Cocoa Beach maybe!

Price for seller is ARV less private lender loan for rehab less private lender interest less 10% costs to sell (commissions + closing costs + wiggle room)2. create a note for equity, moratorium for 4 months on payments3) if existing financing, buy sub2Ex) 200K house, $20K rehab, $20K private lender loan for 4 months, $2K private lender interest, $20K JV fee, $20K costs to sell with agent and closing costs, free and clear - no mortgage houseBuy it, get on title, fix it, list it, resell it, pay off notes$200K - $20K - $20K - $2K - $20K = 138K to seller Net`````````````````Compare w Wholesaling formula.7 x 200K = $140K - $20K rehab - = $120K - $5K wholesaling fee = $115K to Seller Net"Watch the crowd, go in the opposite direction""You always find the finest fishing holes where the average fisherman is afraid to go."

I got a tax bill for work I did down there as a dod contractor for 10 days from the fine state of california.