I am working on about a 10k margin, I know thats not fat enough for most of you but if I can break even and gain the knowledge, then for a first flip it might be a win.

So it looks like they got the house with termite for your contract price.The house had very little equity as it was encumbered with a fat HUD insured reverse mortgage that was called due.

What's the likelyhood of you going belly up, taking bankruptcy?

Brokerages want to capitalize on training up and getting a fat 50/50 split.

Downside: In 2008, the Brickell area had some of the highest foreclosure numbers in the nation due to rogue buyers, and several buildings down there went belly up and were blacklisted from bank financing.

Keep in mind that the winter is a perfect time for a fat bike...do I hear write off?

My name is on top of his list as a source of deals.So how do you get "real FAT" wholesale deals with a lot of meat so you and your buyers will both be fed?

@James BellI am not aware of any water issues there, but there could be.

Pretty fat and comfy.Do well.Rich

It was all a big fat lie!