Hi, Rick H I should well digest each word you bring me.

Thanks for the posts...digesting everything as we speak.GM

There is a ton of info there to digest, just dig in and ask questions on your way.To hit on a few of your issues, sure there is lots of money to be made flipping REO deals, I do this full time and my focus is in fact on REO acquisitions to rehab and retail (with a few wholesales along the way).To be successful in the REO game, you need to have a strong offer.

Can you give us a brief re-cap, the Reader's Digest version?

Ernst & Young, 494 U.S. 56 (1990)Here is the Reader's Digest version:This test came from another decision that gave a list of notes that are not securities:1.

If it's overwhelming, you're probably trying to digest too much, too quickly.I would start by reading this:http://www.biggerpockets.com/real-estate-investingThat should give you a good overview of the various aspects of real estate investing, along with some basic details that can help you determine where you'd like to be focusing your investing.Once you have an area that you're interested in, start digging into the forums.

Though his written English is very good.I'm one of those, not so rare, Canadian anomalies who learned to speak both English and French growing up, but my formal education was in English, so my writing skill is very weak in French.Now, if I could only digest a portion of the information you share here regularly, I'd be beyond my private funding hurdle.BTW: Who's Ron ;-)

A lot to digest.

David, I'll digest everything you've written.

Bill Gulley Wow that is a lot to digest.