I, like of few of the other posters I have read, am running into the 4 loan limit.

I am a buy and hold investor, but based on my limited knowledge I do think it is a legitimate way to invest.

Why is it that whenever I search 'Florida' in the properties section, it pulls up about 21 properties and the first page is all FL properties but I try to go to page 2 (it shows 3 pages) and it pulls up ALL properties and not just limited to FL ones?

Your options may be limited by the language of your contract.Since the seller has defaulted on his mortgage loan, you and the seller will have arrearages to deal with regardless of the financing terms you have stated in your contract.

I've spoken to some investors from NYC and they suggested since my funds are limited and my credit is bad that my best options right now would be to assign several contracts to other investors.How dificult will it be If I'm trying to assign a contract in a state that I don't live in, what are some of the procedures in getting the right paper work in motion.

If I was going to buy with hard money, I'd be limited to 70% of what its worth.

So far from my (limited perspective) it seems that much of what has been spent was not spent in the way it was intended.

I would also recommend setting a limit on the number and possibly the type of misdemeanors you will take.

There i was late at night calling my credit cards trying to raise my limit when it dawned on me that I wouldn't be able to float this amount around like they explained.

Evidently, they offer credit cards with limits from $100k to $500k if you come up with cash.