The reality is almost all of these programs know the vast audience has a few k sitting around but MOST of them do not have enough cash to get started with their first deal.This is where all this "no money down" trash and the like comes from.They are simply selling a pipe dream to extract the little money they have."

Invest in owning businesses.There are businesses right now I can purchase for 60,000 that make 57,000 a year net after expenses.Let the people pay for build out,infrastructure,grow it a little and get burnt out or want to retire and sell for cheap.Then come in and buy for cheap and increase sales for more profit from the current position.Of course I have business experience so I know systems to put in place to turn a business around or extract more profits and increase sales.

In terms of drops I am not talking every 30 to 60 days.I am talking every 3 to 4 days or 1 week max.If this was a property needing a bunch of work I wouldn't overprice it when listing it.If the seller wasn't realistic I wouldn't list the property.I have over a thousand investors in my database built up over the years.It is guaranteed that when I take the listing only when priced right and market it I will not need a wholesaler.I will easily land a direct investor or buyer for purchase.The more people you have in a chain the more complex the deal gets.I like to keep it simple,control it,and close it.The point I was making before is if a property is listed at 80,000 and the investor offer is 40,000 then for the seller simply reduce 1 to 2 times every week until an offer comes in.It doesn't do harm to list it a little high to start out for the first week or two but then you have to reduce ahead of the curve to sell quick.Banks do this all the time.When I list a commercial short sale it is very rare for a bank to take the first offer.If I have it listed at 400,000 and the payoff is 1 million.I might get 5 offers in.One at 380,420,460,540,410 etc.That market value isn't the loan balance but what current sold comps are.By the asset manager reviewing price and terms of each offer and the net the bank sees that the property has had full exposure and here is the top of the value they can extract for the file.The asset manager then shows the supervisor,director etc. to get final approval.While it is true a seller has holding costs they have to weigh the price offered versus what they could get if they hold out a little longer.Banks sell thousands to tens of thousands of properties a year so they know how to extract top dollar for a property.Sometimes you get lucky and land a new asset manager or buy at the right time of the year when banks want to dump the property.

Doing the cash out refis may be more difficult than you think, and you won't be able to extract all the "equity".

Very tough for you to extract a payment out of a conventional financing purchase on a short sale.

Profiting when you buy"… means…"Purchasing a deal at a price that will allow you to extract the equity out of that deal as cash based solely on the plan that you develop and then based on your knowledge, skills and abilities you execute that plan to profitable completion."

That makes the P&I $266, which leaves you cash flow of $133 for a duplex.To make $200 in true cash flow a month, you can't pay more than $33,358 for this property.The trouble with these really low rents is that extracting $100/month for cash flow is a huge chunk of the rent.

And I should shut up and get off the soap box, but, the US leads the world in so many ways, and one of them is extracting money from the masses.Is it any wonder when consumers slow spending that the first impact is on business, then on government.

For all nonperforming or troubled assets they will be “flipped†if the value extracted can exceed 110% of the current “all in†investment or if the initial loss from the sale is less then the projected loss from a long term (3-5 year) hold.

From that, you need to extract a cut. $100 is a common goal.