Jon- you just encouraged the "critical mass" to compete with us!

We now have quite a bit of money commited to this property due to inspections and the cost of transfering funds.Even if the new re-forclosure process takes 2-6 months, can we get a long term contract extension so we can still purchase this property when it eventually comes back on the market, without having to re-submit offers and compete with other buyers?

It is on a competing site so I can't post a link to it.

We've seen deals like this go through because the cash flow was enough to service the debt, but those situations tend to have experienced players in the mix.

Electrician A competant, knowledgable, licensed individual with no conscience, guilt or remorse at shocking his clients wallets.

Every so often some of the biggest players will get a blanket commercial loan from a bank on a group of properties for 5 million - 25 million which I would imagine is only a small piece of their outlay.

Not using a full name in and of itself does not make a shady player.

The criteria for the invite may be based on the number of deals the investor has done along with the amount of influence and overall reputation, number of votes...The value will be the mastermind group itself, along with the potential money that can be made by being in the Pro community of real players.

Let them know they are competing and then always ask for better numbers.

Must work hard to compete out here is how I am looking at it.