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

If, acting as an individual making an offer, you don't make a big deal out of it, and don't "announce" it, but rather casually bring it up when you reach a certain "comfort level" with the seller, (ideally while writing or presenting your formal offer), their focus will be on the $$, and your licensee status will not be an issue.

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.

Friends and friends of friends; I'me working on some deals right now through an investor that I know casually (local charity connection) and after I got his ppty under contract I got a call from another (not very successful) investor who is tired of landlording and asked if I'd buy his (empty) rental at a price commensurate with the other deals.From an (I BUY HOUSES) business card that I gave someone 4 years ago.

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.

They don't know that I know this, but now I know how much they want to make off of me.3 Comparative Market Analysis have been performed.

We purchase paper assets either seasoned or unseasoned, performing and nonperforming using private funds to build portfolios for future sales.I look forward to your replies and helping others in the forum.James E.