Edit- Heading to bed almost 1am my time but I think people who want to count every single transaction have a need to boast or make themselves appear greater than they really are or more experienced or a host of other things I cannot think of right now.

Closing agents won't close a RE transaction with that cloud on title.

It really depends on a host of factors.Yes they will want to qualify the liquidity of the new borrower and also many times want a track record of success.Especially when it comes to problem properties they will be assuming.The interest rate of the note to assume as well as how long the note is good for that fixed rate makes a difference.I have seen local banks instead of assuming do a low interest rate with just 10 to 15% down in exchange for a higher sales price.

I don't know how easy it is to sell to another investor; I will say there are plenty of houses that need work out in LI, but from my personal perspective the sellers are still out on cloud 9 as far as their price expectations.

These require contracts with brokers who host the listings.

You will probably also be a better flipper if you focus exclusively on that because you will not let your decisions be clouded with alternative exits.BTW, I am not advocating that everyone be a flipper.

Sure Steve, "microsoft office live" offers up a free website, designer, hosting, etc, even a domain name for free.

BUT... the silver lining in the whole dismal cloud is that you can build a network of contacts up and do business in a zillion other ways.

Do not ever host an open house for a rental- or tell other prospective tenants there are other viewings around the time they would like to schedule for a viewing.

You obviously need to know the area (and the economy and demographics and the schools and rents and the whole host of other obvious criteria).