He tells you he'd gonna need an extra twenty for hammers and nails because he lost big in poker last night.

Because of the lower principal amount, the monthly paymentsmight even be lower than before.After 6 months of performance, the investor can sell thenote as a performing note for way more than 60 cents onthe dollar.

Feel free to contact me;Corey WhidbeeTypes of Notes Purchased1st Liens on Residential Seasoned or New Notes2 Liens on Residential Seasoned (Balance must be ½ of the 1 st)Simultaneous Closing on 1st Lien Residential and Commercial1st Liens on Commercial (No 2nd)Portfolios of Performing and Non-Performing NotesTrust Deeds / Deeds of TrustLand ContractsBalloon NotesReal Estate MortgagesFull or Partial Note PurchasesMobile Home with LandSmall Notes- Minimum Amount $20,000 Large Notes (Individual Notes of $1 million +)Account Recievable Funding (Invoice Factoring)Acceptable Types of Real EstateSingle Family ResidentialMulti-Family PropertiesApartment BuildingsImproved LandUnimproved Land Commercial Properties (All Types)

This is where an investor or home buyer in general can benefit greatly from having a home inspection performed by a reputable inspector.

Now as far as I know if you sign a contract you have some type of liability to perform within the contract and if you drop out you are usually financially responsible in some way.

When I assign the contract full responsibility of it is assigned to the assignee:Assumption by Assignee: Assignee assumes and agrees to perform all the duties of Assignor in the Contract, which accrue and become due on or after the effective date.

2) If you are a multimillionaire how long did it take you performing REI?

If you have a contract with the seller and they break it then you can sue the seller for specific performance, damages, and possibly the buyer for breach of contract.Be aware that as a birddog, a Non-Disclosure contract is most likely not legally enforceable in a court of law.

Believe me they have bigger problems on their plate for example the performance of their current portfolio.http://www.bloomberg.com/apps/news?

Working with Contractors- Apparently in Virginia you are required to have a general contractor license to perform rehab construction, so I would need to hire a general contractor.- What to look for in a quality general contractor- What is my level of involvement with sub contractors if I have a general contractor.