Today’s decision will not dampen our efforts or affect our focus on the mission of the agency.”PHH had originally been fined only $6.4 million in November 2014 for kickbacks in the form of reinsurance premiums paid to a PHH subsidiary by mortgage insurers, a violation of the Real Estate Settlement Procedures Act (RESPA).

What matters is the product that the investor is looking for.The turnkey product is ideal for those that do not wish to deal with the time & effort it takes to invest in real estate, as well as the investor that is priced out of their hometown market.Will things cost more when working with a turnkey provider?

Even with my full contribution of $18,000 per year, I do not see a good reason to see how I could do much better with zero effort on $13,500 (what I would take home after taxes if not put in the 401k) than having $24,000 and that is before investment growth...

I make an effort to dress professionally on the first meet/walk-thru.

The idea behind wholesaling is you find a seller who is in distress or otherwise motivated to sell (through your own marketing efforts), and work directly with the seller, before the house ever hits the market.

Once brought current, you finish foreclosure from 2nd position and take possession of the property.The numbers need to make sense with the idea of still having enough meat on the bone (equity in the property) to make it worthwhile to hold as a rental, sell via creating a new note via owner finance, or REO sale on the open market.The time it will take to complete your foreclosure in this particular state will weigh heavily on this decision, as you may bring it current, but if it takes you another 8 months to foreclose yourself, the 1st may fall behind again and it may not be worth the effort.

I am senior at UC Berkeley, studying abroad in Hong Kong in effort to learn about international real estate and finance.

It's best to specialize in any business so you can maximize your efforts and move effectively.Talk Soon,William Lees Jr

(Like when someone comes right behind you and offers more than you did on the property.)Every seller you talk to, every offer you make, every effort you take is a potato.

That said it is just as outrageous how little effort governments make to get people these funds they owe to homeowners.