So, while I don't think you can consider Europe and the U.S. analogous with respect to currency issues right now, in a couple years, you may be able to!

With all due respect, you still haven't answered J Scott's question.

Unfortunately, the business of wholesaling doesn’t always gain the respect it might, otherwise, deserve.

,With all due respect, your doing it again.

I make a respectable income with my real estate, but I've put in years of my life and hundreds of thousands of dollars into figuring out how to do what I do.

Jon,i must respectfully disagree. firstly,i am speaking of sending him to a good program. a bad one may be worse than none. if you want to keep this employee, then you will do the leg-work and find the best one you can.problems like....a. something going on in his lifeb. clarifying his desire to do the jobc.feeling under appreciatedd. bringing him back to his full production capabilitywould all be solved by a GOOD motivational sessions.it bothers me when people try to micro-analyze a problem. he clearly has an issue in his life that needs to be fixed. don't waste your time looking for it, let him do the searching and that is what motivational sessions will do for him.

Actually, a wrap is another name for a "subject-to" mortgage or all-inclusive trust deed.I have to respectfully disagree with Nick's and Jon's statements about the seller lacking any control over the subject-to mortgage.First, the seller can set up an escrow service account to handle the payments.

Are they on the up and up in respect to do they have staged bidders (that work for them) to drive prices up?

But the heinous piece of the legislation is in section 101(3)(e), which defines the affected principals as:> '(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan-> (i) is fully amortizing;> (ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;> (iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and> (iv) meets any other criteria the Federal banking agencies may prescribe; and> > Yeah, I know, confusing.

But the heinous piece of the legislation is in section 101(3)(e), which defines the affected principals as:'(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan-(i) is fully amortizing;(ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;(iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and            (iv) meets any other criteria the Federal banking agencies may prescribe; and             Yeah, I know, confusing.