Many people who end up seeking help from churches, other non profits, social service organizations, and consumer rights lawyers have been drawn in and spit out by these so-called 'foreclosure solutions' MLM programs.All too often the promised "soluition" fails to live up to expectations leaving the distressed homeowner in worse shape.... having wasted prescious time and perhaps after spending hundreds of dollars for an otherwise free for the asking service.Do some people benefit from such a one-stop solution shoppe?

I’m not seeking investment money, I’m only seeing guidance.

With the neverending changes in the secondary market, I am confident that what you are seeking doesn't exist (and if it does, not for long).Regards,Scott Miller

As long as you keep within the LTV agreed upon this should be fine to both PL's.There are also specific regulations that stipulate seeking private lenders outside of your state.

Beerock,The problem with doing these Rambo style illegal evictions is that there are stiff penalties for doing so.

Hi,

My name is Shawn and I'm very new to the real estate investing business. I have only read a couple books and online courses so far. Since I am in the Los Angeles Area and with all the facts and numbers about for...

I'm sure alot of us newbies are seeking insight on investing, where to look for a good buy, how to make deals and what are the right/wrong steps..

I'm looking for a comprehensive package that will track payments, interest, penalties etc.

They aren't illegal, but they come with numerous very specific and strenuous parameters to keep from being classified as an executory contract (contract for deed) in Texas, and as an executory contract, be liable for some extreme penalties (up to $250 per day liability from the day of sale).Now you can do 1 lease option per year and not have to worry about being liable for more than $100 per infraction, which at the most would be about $1,000.

*************************************************************HUD No. 04-037Lemar Wooley (202) 708-0685www.hud.gov/news For ReleaseWednesday April 14, 2004 HUD RAISES FINES FOR LENDERS WHO FAIL TO ASSIST TROUBLED BORROWERSWASHINGTON - The Department of Housing and Urban Development today published a proposed rule that would triple the amount of damages HUD can seek against a FHA lender that fails to engage in loss mitigation techniques.