I'm guessing the access to MLS and finding another broker to bounce deals off of would be advantageous, but what other benefits are there that I'm not aware of?

Noe I don't recall, seemed like it also said that the security agreement could contain provisions for a deficiency, if so, under those circumstance the lender could seek the deficiency, so read carefully....I'd guess most lenders would go there if it's allowed.

Corey Duttonexactly- because there is strong tendency to grow the bubble w/ all the foreign investors in South Fla. we have to stay conservative.

I guess the question in a nut shell is: Is monthly cash flow the name of the game?

I am guessing that it could be as high as $2,000 per deal to start but would love to hear from someone with experience.

I guess it's just a lesson learned!

I guess I'll take one along!

I guess I'll have to disagree here.

In fact my offer had a 72 hour acceptance deadline which is now long gone.I am guessing this means the bank is in negotiation with one of the buyers and are putting everyone else in a hold position?

I'm just guessing here since I haven't seen the actual report, but maybe they're just saying your total credit usage out of what's available is 48%.