See part VI of the SEC Q&A above.

Originally posted by Mike V: I just sold my first flip on Thursday and made a net profit of 34K on a 118K purchase with 8K in rehab cost. 37 days from date of purchase to date of sale closing.

Vi Tran, I would encourage you all to go talk to an attorney who specialized in structuring deals.

@Steve V, I agree that I need to give her some time, as she's just started thinking about selling so might have a huge figure in her head.  

@Mike V. I

@Mark V.  I

Hi @Jay V., I have looked into and am interested in Moore as well, but unable to come up with anything.

@Ernie V. I

I did not have one personally.. but if the banks feel their assets are under water vis a vi current values then they can elect to freeze them or call them.. but I am not predicting that anytime in the future.. but when you have others who feel when they get a heloc its like a 30 year conventional IE just make my payments and nothing can happen.. that is flawed thinking they just don't know what they don't know.

Hi Sanjoy V., I currently work for a Fannie Mae lender.