It's a gray area and one best avoided IMHO.

I backed out of a deal with him because, as stated above, I determined it was either mortgage fraud or a gray area at best.

Lot on great brainpower has already been directed at George Gray's question, but I'm going to throw in a couple of cents.One thing I didn't think about when I bought my 8 unit, 4 up/down was foot fall noise.

This widens things up considerably for those of you delving into the gray, ethically questionable areas of this mortgage crisis.

Keep good records and take all the gray areas as possible.

This only causes you to get gray hair too early or to have stomach ulcers from all the stress.

I have a quick question. Given this scenario, if one is trying to buy a HUD home as a future investment, pays all cash for it, but has another house that they live in, how many days of the week do they have to live th...

Also there is alot of gray areas for me that i need answers too before I would confident enough to market for my first deal.

Those gray boxes you see on cable TV lines and switch boxes sticking up out of the ground could be ours.

Keeping.....Richard Davis, owner of Trademark Properites, star of Flip that House and easily the most famous flipper in the country had this to say at the end of one of his shows where he rehabbed a multi-unit property (the big gray one) he owns.