Otherwise acquisition and disposal costs will only make others rich.  

Mehran,Property EquityLogic suggests to me the lenders would have a higher interest in foreclosing on properties with a higher equity position for two reasons: 1) the impression the borrower would be more motivated to obtain new financing and payoff the present lender, thus, saving the present lender time and money; and 2) a property with more presumed equity would be easier to dispose of should it become an REO.If this is what lenders are doing, I do not know.One thing I do with my borrowers and recommend to people who are offering seller financing, if the possibility exists, it is a much better business decision to renegotiate the loan than the long and costly process of foreclosure.

I recently got shammed by some guys clamming to be AAA septic tank disposal, to have find out from the next septic people i called. im having expensive septic issues and in terrible need of a new hvac and electric is costing us close to 600 a month:(  I am looking for any advice.

Banks are prevented by law from owning RE that is not necessary for day to day operations so they need to dispose of it in a timely fashion.

Am I reading the description of what a wholesaler does wrong or do they have more tools at his/her disposal to find deals?

By the spring, I hope the asking price drops a bit, I have more income at my disposal, and I'll have more capital for a down payment.

Sharing BP via all the available means at your disposal - blogging (write about the site and why you think it is valuable), social (sharing BP or any of our pages or content on Facebook, Twitter, Google Plus, etc.), inviting your investor and other lists to join you here on the site, emailing your friends and colleagues -- would go a long way to get people more active.

I would definitely recommend transparency when looking for a partner to team up with for mortgages.We divide income evenly and we're both focused on putting any disposable income towards more properties, so we haven't run in to any issues there.

If your not going to dispose of property, you will never see that 20%. 

If you have a higher allocation to basic necessities, you have a lesser allocation to disposable & savings.