This is what they say u get: * Access to our private money programs * Up to 100% LTV / Up to 65% ARV financing program depending on location and the deal * Joint Venture possible * Access to posting properties on the website * Unlimited support to help you become a successful Investor * If you can not locate a deal we can assist you in locating a project to work on * Money back guarantee* on Membership * Access to the database of current buyers (no credit check program) * If there is not a buyer in your area and you wish to use a no credit check buyer we will help market for you * Access to the cash flow program (good credit / full doc required) * Waived fees ($1,500.00 savings) for the no credit check program - owner occupied * Access to down payment assistance program (coming soon) * Access to our network of investors (forum launching soon)I Spoke with one of the guys there and it seems legit, but im not sure....

Do you put a repair estimate with the doc package?

OH... and Rich, you are so right... we are in for a bumpy ride as the Government just is not capable of plugging all of the leaks in our economic damn.At some point in time market forces have got be unleased to make the needed corrections so that things will return to some level of normal... whatever that may be... sooner then later.In the mean there are going to be some killer deals out there for those savvy enough to recognize them and take the needed action.

In addition to building a personal relationship (nobody likes to screw over someone they know and like), I also try to have the following things available to hand to the appraiser before he leaves (assuming this was a rehab project):- List of Sold, Pending and Active comps within .75 miles and 6 months;- Word doc with list of interior and exterior repairs completed;- Excel spreadsheet with list of repairs and their associated costs;- Before and after pictures of the property.On top of that, I always ask the appraiser for a business card and let him know that I'm always looking for good appraisers to work with on future projects (this is true).

The legal docs to create such an entity runs about $20,000.00 , this was for an intrastate Texas only offering.

Shelves tend to bend if too much is put on them and of course sink base cabinets do get destroyed if there's a plumbing leak that no one tells you about.

I sign it and send the requested docs.

As a concerned individual I would illustrate the cost of holding, and maintaining the property if it is not occupied.The costs include taxes, insurance, maintenance such as the lawn, fixing any leaks, utilities since you don't want the pipes bursting when it freezes and don't want mold growing all over the place.

They ask for a photo copy when the final contract docs are presented, as a formality. 

I consider a flood, feed-line water leak, fire, clogged toilet (if only one), and broken fridge emergencies.