Hey Charles,Here are the answers to your questions above: 1)The construction banks and clients provide their funds at the table to the title company when they close – so no we do not access title co insured transaction funds.

Miami I'd say is certainly a unique case, due to all of the foreign investment that goes on there as well as the fact that a lot of the sales are to people based in other parts of the US buying 2nd homes.

There are tax implications and ongoing marketing costs, as well as just leaving lots of money on the table!

Even if you had to bring 30% of purchase to the table that can't be much more than $10K since you can't be paying much more than maybe $40K to have a shot at that profit margin.For these MLS "deals" you are finding are you putting in super low offers and getting at least 30%+ under the list price?

Homes are not such commodities like cars or picnic tables, the reason property has value arises from it's utility, functions, and in residential that equates to serving a social function as a home.

Unique property.

Also just because the first approved the short sale for you doesn't mean the offer stays on the table for any buyer at a future time.

I would just hate to buy three houses now using credit and in three years my wife throws down our ledger on the table and asks "So now we have $600,000 in debt and housing prices fell another 5% this year?"

I left some money on the table a few times.

What are you bringing to the table and what do you believe it is worth?