You just never know where you will make a connection and what you will learn.My to do listContinue to grow our "Zero Down & Cash Flow" program for investors.

We were talking to each other, walking around, nothing out of the ordinary.

I just had a fairly low offer accepted on an reo and my realtor did say he felt getting it off the books by year end was a factor.It certainly can't hurt to try, as long as the number of reo's keeps growing they at least have incentive to bargain.

If you don't know what a mastermind group is, you should read Think and Grow Rich by Napoleon Hill.

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

Yes the equity is higher esp on your first loans, but you need to develop that relationship with the lenders to grow anyway.

Internal Revenue Code § 453 defines a dealer disposition as Any disposition of real property which is held by the taxpayer for sale to customers in the ordinary course of the taxpayer’s trade or business.

There is no "ordinary" situation.Couple important questions:Why do you want to buy this particular home?

No way could we grow the resort to get to 45%, unless we grow the summer to be larger than winter.

BUT, when you sell the property, all the gain including the refi is taxable-likely short term gain and ordinary income.