Unbelievable . . .

This led to unbelievable national pride and persistence in breaking away from Soviets.

Unbelievable!!!!

The prices in Tennessee are unbelievable.

(you determine what rich is)The poor, who get many benefits from the govt. without contributing nothing (51%)All those with business/2nd businesses- that allows unbelievable exemptions.How do we fix the problem and how will the "fix" affect us who are striving to create wealth and an estate.

Gary,The truth is many wholesalers don't have a dime to their name.They read some get rich quick crap and try to lock up properties for 10.If I am a listing broker there is no way I would allow the seller to go through with such a deal.I would insert multiple clauses if they insisted to a right to continued marketing and a termination clause by the seller at any time in the contract.After all if YOU the buyer have no risk then the SELLER should have no risk either.If you put up a bunch of money that you stand to lose you will hustle like a SOB to FIND a buyer that will perform.If the seller tries to pull the listing early or withdraw there usually is a protection period built in for the broker unless the seller re-lists the property with someone else.Every seller will go through a sales cycle.Sometimes these last more than a year.The further desperate they get the more they will drop on price and be open to creative financing to eliminate their problem.Banks are sellers too and operate this way.I see many bank foreclosures overpriced.Over time they reduce to sell.If you are a wholesaler finding listings on the MLS is NOT the way to go.As a listing broker I would simply tell my client.Rather than selling that low let's keep reducing the price by xx percent each week until we get a contract.This way you will know the highest price the market will bare and not leave any money on the table.The problem is often listing brokers wait too late for a price reduction and it is still overpriced.When a seller reduces they have to be in the bottom 50% of for sale pricing to get a contract unless they have an unbelievable property which isn't the case 99 percent of the time.

Unbelievable.

I'm pretty sure this is a good deal - my offer was accepted, but I still have an inspection that needs to pass.Duplex (side by side, 1,600 sq ft each side)Purchase Price: $19,00020% down - $3,800Mortgage on $15,200 @ 7% (commercial loan) $117.84Taxes $2,300Rents $1,000 ($500 a side)Now, this alone is an unbelievable deal - but it needs work.

Unbelieveable, I agree with the other posts.

The amount of cash burn going on over there is unbelievable and it is only going to get worse.