If you are one of the few it can be an excellent way to build a very profitable business.It can take time to understand the nature of the market.

(a) Every law enforcement agency in California shall fully cooperate with the United States Immigration and Naturalization Service regarding any person who is arrested if he or she is suspected of being present in the United States in violation of federal immigration laws.

Also, you NEVER have to disclose the way in which someone passed away be it suicide or natural causes.

The economy is one of those things because of its somewhat cyclical nature.

Same-day transactional funding carries very little risk, but the funder can have fairly substantial time involved in making sure the deal fits and that the escrow officer understands the nature of the transaction

Liza Rhima I'm a newbie and in late Jan 2013 I stumbled across Sean Terry's youtube channel and was encouraged by the case study videos...obviously its cool to see them make the checks but it doesn't go through a lot of the process in which they made it.So naturally, I went to his podcast since some of the case studies mentioned it on their youtube channel.

My question is, how much 'skin in the game' would be needed to lend a first time flipper hard money?

If that's the case you must live their and will sign an affidavit stating such at closing with the lender.They know buyers who are living in a property will fight hard to keep it in tough times which is why you have the better rate and less down than a investor loan.The investor loan they want more down so the investor has skin in the game and it will be painful to walk away when things get tough.

I have lots of buyers from Hong Kong, China, and Singapore snatching up bank owned properties here in Chicago. 2 sales of this nature closed last week.

Listing agents want short sales to be closed like traditional sales and buyer's agents do not want their clients with skin in the game.