I'll also consult with my lawyer just to be safe.Thanks again.

The Postal Service says that the price jump will only be in effect until it can make up the $2.8 billion in losses that it accrued during a large decrease in mail volume it says were caused by the recession.

I'm not saying it's the wrong choice (f you want to buy a duplex you'll certainly need money for downpayment and reserves) but that debt will have an effect on your debt-to-income ratio that will be used to figure out how much of a mortgage loan you can get.

Accounting 101 and 102 is generally required or helpful, but only to the extent of understanding the effects on assets, liabilities and reading financial statements in a management decision, but again you can catch on.How will it help in RE?

Does anyone have a few recommendations for good RE lawyers in the area?

All debts that you have made or guaranteed personally that will have payments due for more than 6 months will be used in your DTI ratio regardless of how you move properties around, it has no effect on your liability. :)

We invested there in 1997 but we felt that in order continue to be effective you need to either set up an office and staff it with your own employees or spend a week per month there (Buying, Fixing and Selling or Renting), then you need Volume to justify your time...

If terms required of the Borrower are not being met, such as finance contingencies a similar demand letter can be issued but it get's a little hairy and the Seller should get a lawyer so he is not making demands on something that does not warrant a demand per the contract.

Anyone know a good real estate lawyer in Wichita Ks experienced in both?

I am a lawyer in Hartford County.