that's great jimmy..but when the tenant says he paid, or lies and says the landlord says he didn't have to pay until a repair was done or anyother excuse, you have no way to prove otherwise so he may win...it's best to get the seller or property manager to sign a statement, but best to get him/her in court...like i said, cash for keysis the easiest way to avoid this whole mess..in the end, soetimes you just have to keep the tenant in there until they slip up with you and don't pay..then it doesn't matter what happened with the previous owner

But don't disparage the smart people who aren't satisfied with those kinds of answers.Thanks to those types of people, you have modern medicine, modern transportation and pretty much every other technological breakthrough this world has ever seen.Again, there is a big analogy between ignorant people and people on welfare...they both look to the rest of us to make their lives better so that they can go through life not realizing what else there is.

Originally posted by James Martin:It is not uncommon to find a home in a decent area selling for $19,000 but worth $60,000 or even $70,000 when the market turn around.Therein lies your error.

They could pull the note as having been obtained through fraud (lying about being an owner occupant.)Not worth the risk!"

But the problem lies in the performance of the hedge and the 30 month in the future EXPECTED rate that you have hedged at.

At that point, the game was up and she was exposed for the lying scumbag (in training) that she is.

Be brutally honest don't lie about anything.

He's got a ton of great ideas about marketing and technology, and you should definitely connect with him!

If not, you'd have to lie to get the 203K loan.The big issue is that you're going to have FHA seasoning (90 Days) between the time you purchase the property via your LLC and the time you resell it to yourself via FHA/203K.

This is the basic human services that society need to provide to its members.And therein lies the crux of the entire issue.