During the interview, don't spend much time on splits and fees (you will look like a selfish novice).

He is president of the board for a 501 (c)3 (FAR) that holds 3/4 of a billion dollars (more or less) of debt free assets and he looks for things of value in the world to help promote.

Just remember, being in real estate and having to spend no money is not as easy as it used to be.I would suggest finding some of the largest buyers of real estate investment properties in your area.

Is there a time frame you must spend there per year to have it be considered a vacation home instead of an investment?

The lender needs to be convinced that it is likely to spend more money on the foreclosure than a short-sale.

Watch the neighborhood sales market as well for timing.I read statistics that showed buyers have less interest in spending alot of money and/or time in the kitchen as they did in the past due to their busy lifestyles.

Failure This Year Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming from the worst housing slump since the Great Depression.Integrity Bank, with $1.1 billion in assets and $974 million in deposits, was shuttered by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corp.

After spending all the time I have researching the process, I know these people are just trying once again to scam the client!

Not to mention that the Ca. governor says he will call back Sacramento legislators early to correct the 10-14 BILLION deficit.

Before diving in you should spend a lot of time devouring all of the information available on this site.