I still remember my first bulk note package deal... it was supposed to be about $120K payday for me, and the day of the closing the investor group fell off the face of the planet... that sucked!

I hired a contractor to replace them with Revere windows (18) which helped tremendously with noise (faces a very busy street) and energy.

They will sell off a $1,000,000.00 pool for 95% of its face value (which at first glance sounds terrible), but the loan pool matures in .40 years (about 4 1/2 months) and returns around 12 - 14 percent.

A seller facing foreclosure is a seller who is emtionally challenged and might not be able to sign a contract.There are landmines.In some states the laws have become a bit one-sided.

In many states $50K is plenty while in CA $50K is barely enough for a down payment.I have some suggestions for leveraging the money with a local bank.

Let's face, the lender has overhead costs that remain the same whether a loan is $30K or $300K.

If BofA found any loans on the books that it did not like they could push the loan back to the RTC and receive full credit for the face amount of the loan.9 months pass and then it is reported that in the end BofA returned $1 billion in loans that it was not happy with.

I don't have a mentor, nor a family that takes me serious hell they even think what I'm doing is a joke,and laugh even more.Their best advice is get a job/join the military nor anybody I can actually count on helping me.I don't really have a friend my age,that actually has the same entrepreneur spirit as me.Basically they all have same mind set getting a job,partying,getting drunk,not giving a damn about their future in 20 years, killing time like it has no value to them.Learning from all my business failures is that I dont carrying it out in the end,I usually give up when it get's tough.After reading "Rich dad& Poor dad" reminded me what I'm fighting for,just gave me more motivation.Just everyday get's more hopeless,and more negative thoughts battling positive thoughts.What frustrastes/angers me to the core more than anything, is my greatest talent is creativity,I come up with several business ideas that can make me a fortune,but can't do anything about it,and watch such great ideas go to waste.It's like watching your house you built with your bare hands,broke your back building it being burned down to the ground.Also when something so simple to achieve,but yet I only have myself to blame because I am the one who makes it difficult I guess.I keep telling myself,the harder the struggle,the greater the pay off.I keep asking myself what the hell am I doing wrong,but the answers just don't appear.I just want to know what all those millionaire investors will do when they go back to sqaure one and only have 5k to invest in,I ask myself what will they do.What will you do?

The state just resurfaced the 127 corridor through New Miami.Middletown's got some life since the AK Steel guys are back on contract, but a bunch of them are hanging on by a bare thread financially.

Hard as i try though I just can't make that activity fullfill more than maybe 10-20 hrs/week, and it never feels like work anyway.How I miss going home exhausted at midnight after a 16 hr day...the sawdust on my face...plumbing that sprays at me....bitching at my contractors on a daily basis....even all those visits to Home Depot.