They did state they desired to have the customer bring them short sales to do.

According to me, they do that, because they want to build a relationship with the customers..

This will cause long-term interest rates to rise taking mortgage rates with it.The Fed has to play a very dangerous game with interest rates.

Also, when buying an existing business, it should be an “Asset” purchase, not asset and liabilities… Ask an attorney for help here… You are simply buying the "stuff" the company owns… Then you form a new entity (Corp, LLC etc) and name it very similar to the old name, so you can retain the customer base.

He also rushed into it really quickly, though, and his inexperience is costing him.I looked at another thread on real estate and got these rates, which apparently are pretty low (not sure what they mean exactly, but i can take a guess).wachovia custom mortgage 30 yr fixed rate on friday was at:5.125 % + 0 + 1.5.250 % + 0 + .5.5.375 % + 0 + 0.What do you guys think is the best way to help me get started?

Hi All,"Locating Cash Flowing Property" is the name of the game, wouldn't you agree?

I see no reason to get into this game to break even.

It's through the department of conservation or fish and game department depending on your state.

Your local RE attorney, lender, or RE agent can advise you of local custom.

Maybe they should not view you the way they do but that is still where you are starting from.If you can get past assumptions you will will have improved your game than someone who is assumed to be competent just because they look older.