A bit of a gray area so they run closed meetings to avoid the issue.John Corey

Who has expierence buying REO's, or a HUD home as an owner occupant?

The house I live in right now was a HUD home when I purchased, and I submitted to HUD I would be an owner occupant.

I've got a client who purchase...

I have take a class with Robyn Thompson since then and enjoyed the different approach.

Rusty Thompson - There is one panel on the docket thus far - a panel on investor financing.

Rusty Thompson You mentioned a previous thread, I thought there was one, but I could not find it.I think your speculation could be exactly how it comes to pass, all dependent upon the restrictions on re-sale.

At the end of the 4 years I will have converted approximately $60-80k of housing allowance to approximately 25% equity on a 30-year note [minus taxes, repairs, incorporation expenses, etc].Then, the gray-area: I have some cash on hand, and zero debt.

Rusty Thompson - You can go to both.

As I looked through the speakers list I realized there are quite a few with gray hair!

Originally posted by Rusty Thompson:-Greg A lot of the "Gurus" like to talk about forming your "team.

Reed mostly used Lease Options for an example in his article, and I am having trouble seeing the gray and dark areas if a seller agrees to carry a note backed by real estate.