It's just too complicated to undo everything when they have you all sewn up.I would never recommend that anyone give all of their business to one bank.

The tax system in this country is stupid and way too complicated.

The question about hiring a GC vs. doing it yourself really depends on three things: 1) Your time and availability, 2) The scope of your project (simple vs. complicated rehab) and 3) how comfortable you feel managing a rehab project.My first house flipping project I hired a GC because I did not have the time to oversee the project, did not have the contractors and it was a significant amount of work to do.

With an apartment complex, you have to sell the whole enchilada (or enter into some complicated fractional ownership structure).

Short sales are very complicated, but you can simplify them with good screening.

We need to be careful about using terms that are applicable in one aspect of investing and complicate issues in other investing aspects, amounts to in-house lingo.

The way he explained is it just basically boils down to dealing with a govenment entity and all the bureaucracy that goes with it.Your situation is even more complicated because you have an auction company to deal with.

Debbie -Wholesaling REOs is more complicated than wholesaling retail properties, as the banks don't allow you to assign the contract.

Every time I think I have a good one I realize either the taxes are going to eat up all the profits (this is typically the problem) or there is some kind of legal complication associated with renting or having a 2-family in the particular area/incorporated village that the house is located in.

Other times it is more complicated.