You might want to fix your profile so you location is more accurate.The key to any investment will be making sure you can get it back with a profit.

Please be patient and it will be taken care of.Thank you.

The key problem with the bill is as follows:“These and other provisions of the bankruptcy-related provisions in the bill would fundamentally alter the expectations of parties to hundreds of thousands of home purchases after the fact,”There is some logic to changing a loan after the fact.

I do not have any experience in Real Estate other than tagging along with a buddy who is an investor and watching him close deals but I have great sales, business development and negotiating skills that I know are key.

If you prefer to get your own representation, then ask the listing agent for a referral to another HUD agent. sometimes, foreclosure agents are very busy depending on there property load, so be a little more patient as it may take a bit longer then usual to get back to you.

The key to that is to have your RE income exceed your expenses.If you ever play the Kiyosaki game of Cashflow 101, you know that to exit the "rat race" you have to have your passive income exceed your expenses.Seems simple right?

REO listing agents are generally overworked and not very patient with people who don't understand the process.

But momentum is picking up and should hit the mark in the next year.It can be done, with starting capital of less than 1 million but the key is buying right and then leveraging the equity.

I have quad 4 unit buildings that are town homes.What I have found is it is much better to put all tile on the main floor instead of carpet or vinyl.Upstairs with the carpet it doesn't get worn down as much as the main level.When you evict a tenant with tile it is mop and go and not fixing tears in vinyl or carpet that can't be salvaged.The dirty carpets tend to attract bug problems as well.You can find tile cheap and buy a big area rug to warm it up for cheap.The key with tile is the contractors can kill you on the install fee.You have to find a contractor hungry for money.I can get tile 12 X 12 for 56 cents a sq ft.Main level I would spend about 229.60 in tiles,another 150.00 in mix for bonding and grout for finish and just put back old finish trim down and repaint.Can get a hungry contractor for 75.00 a day to tile day one and finish grout 75.00 day two.Total cost 529.60 for main level.I have 1,178 sq ft with 2 story but I leave carpet upstairs and on the stairs and tile the main.Don't pay high prices.Be patient and turn over rocks to find the great deals.

My reason for saying this is because I'm a NOOB as well but after about 2 months of reading different posts on subjects that interested me and asking questions.All these patient,generous and knowledgeable BP'ers helped me to close my first deal a few weeks ago.