Put plain and simple....CASH IS KING!

-Brier, San Jose CA

My banker would love to see $130k but then I'm in the deep South not California.

If you are interested, right now my brokerage has a list of over 400 REO's and foreclosures in Southern California that we are moving at 65 to 80 cents on the dollar.

**Well, right now i have a "sales contract", and an "agreement for assignment of contract" that came with a program i purchased, but i am not sure if i can use those for the state i am in which is California.

Great Feedback everybody..thank you...this forum is awsome.allcash, I like that, I am usually the aggresive type and that sometimes can turn into Greed..and the fact that I would actually tie up more of free cash that will slow me down..is a value in itself...this is the way I feel about it ....unnecessary expense that could be eliminated.The tax deduction is a very good point that had not took in account.I am in it for the long run...I had flipped 3 houses in the past with couple of other partners, and I may continue to do so (different line, whole different strategy..... cash really is king when it come to that...if you have it ofcourse!)

Thank You All.As for CA RE sub2's and double closing open a real can of worms.

If so what is the market like over there and is it much harder to accomplish rehab work as appose to Nevada or California (duh I would think so LOL)!

Alexis offering the 3 day onsite training program in CA area.

I've been a real estate investor since 2004 (I worked for a hard money lender for 12 years before that).

I'm currently working to fill out the funding for a REO project. My partner is a builder with 40+ years in the...