All I'm doing here is sharing the facts about Mortgage Industry Compensation.I agree with much of that, the millions hurt may well be off set by the tens of millions saved from unscrupulous mortgage brokers.When there are bad folks in any industry, the hand of government often comes down harder than those in the industry see as being fair minded.Did you know Steve, that there was a time, not long ago, that the entire state of Florida was barred from secondary market originations by brokers due to the massive fraud issues, wholesalers simply banded doing business with any broker, blackballed!

See http://www.biggerpockets.com/real-estate-investingLots of free stuff there.http://www.biggerpockets.com/renewsblog/category/podcast/Podcasts rock!

We were able to get a rock solid contract between the seller and us.

Great indicator for stability.If you buy 3 multis in Philly for $100k each, you will be rocking out serious cash flow.

If you really want to do some networking, you should spend $10K and hire this guy (The Dan Band): You can use the extra $20K on booze and party favors, and I would certainly come hang out with you and let you into my "network", as would many other seasoned RE investors who could open up at least as many doors for you as Armando!

And doing a short sale and the corresponding credit hit may intefere with getting the new loan.You're really between a rock and a hard place.You could try some sort of owner financing like a lease/option or subject to.

HeyYou rock, keep up the great posts!

We have new plumbing, the roof, and a new plan that is rocking and rolling almost to Electric and finishing touches!

you rock!

I plan to buy and hold (MFH and SFH) and have the funding, and life experience to be able to get this going and enjoy myself being a dirtbag rock climber.Feel free to contact me with deals, to share your experience, or even if you just feel like lunch and shooting the breeze.