But just imagine, you buy 3 properties at a moderate discount, say 20K each with individual FMV's of 35K.. you now have 305K worth of property and owe 170K, and still a great deal of borrowing power.

One of my friends suggested that if we form an LLC and pool our resources, we could buy more property, lower individual risk and get better returns.

The buyer just pulled out of the deal I was involved after 7 weeks and no answers or indications from Indymac.

Personally, I think it's individual preference.

If the court rules against the borrower, the ruling will include the total amount owed to the lender and the foreclosure sale date.The sale date is typically 20-35 days after the court ruling, but this may vary depending on the individual court.Good Luck to you as well.

No indication there's something like that.

I do not think the landlord has to be told at all that the individual uses a SA, but am very possibly wrong.

Hi Sarah, As an investor you'll be tracking local market indicators, neighborhood pricing trends and of course properties.

I read a stat that indicated that they have participated in over 70% of all (recent) principal reduction loan modifications.

You should have no problem networking with like minded individuals here at the site.