It doesn't sound to me as though you have any DAMAGES, and you if you're planning on suing the INDIVIDUAL it is likely a WASTE OF TIME and MONEY.Over 95% of all judgements against individuals in the US are WORTHLESS.

I just joined BiggerPockets and am excited about both the opportunity to meet individuals with real estate investing backgrounds.

:D I've found that a better indicator of the direction that mortgage rates MAY go is the 10 year treasury bond.

Isn't the "no conventional loans" condition on a short or REO usually indicative of a property that will need a lot of rehab work?

Does the loan need to go to an LLC or can it go to an individual as sole propriator.

This is probably one of those things I should just go ahead and ask my CPA, but I thought I would see what the experts here thought first.I was wondering if a cash out refi or massive home equity line could be used to shield an individual from capital gains tax upon sale.

I'm currently in the process of trying to find individuals whom I can borrow money from and/or partner up with to build up a rental portfolio.

Listing price is irrelevant, except as an indicator of the likelihood of getting and accepted offer.The second part is that in my and others experience, banks don't come down much off their listed prices. 5-10% maybe.

Looking for a partner or may be in the beginning to become an assistant to a busy RE agent who is looking for help and for a motivated and very much success driven individual.

That would indicate the power of BP had it happened!