Any b ody with similar experience please share.

There's no governing body to tell the organizers how they should be running the group.

Contacting a borrower is considered attempting to collect a debt.  

Be aware that many companies do not attempt to engender smooth relations with the tenants; many simply collect rent and badger the tenants when payment is late. 

Attempting to collect on a debt that doesn't exist is against the law in all 50 states.  

I will attempt to find the correct forum to post the topic.  

Hey every body happy new years...

The preamble (meaning - a preliminary or preparatory statement; introduction), is the beating heart and the essence of the beginning of a successful transaction.Over the years of Trial and Terror, experimenting with contract clauses, assignments, auctions and legal defenses, and getting offers accepted successfully, I believe that I somehow mastered this art of satisfying the needs of the seller, myself, local laws, judges, lawyers and others who happen to read or challenge my offers.It has always been my belief that a well written contract of sale is akin to a creative work of art, a document that if authored with the weighted words that are clear and concise, I have found it to be an effective tool to contract approval and assignment acceptance.I would like to give you some ideas on how to do that, but in this public forum, I fear the misuse of this information and a potential liability of those attempting to duplicate this system. 

Interesting twist--Today while getting the mail at the 'flip house' I received a 'yellow letter' from another investor attempting to buy it.

I'm intrigued by many stories and wanted to share one of mine.I am currently attempting to purchase a 5-unit building with no money down.This is not my first property and I am required to put 20% down (175 purchase = 35k down).My plan is to use 35k to secure the property and then immediately refinance the property.