Basically, you want someone to go through the house and nitpick for every single small thing that will need to be done and have them estimate the low and high values for repairs.Then you go to the negotiation table.

The basic criteria is:1) a good rate (such as 7% and up)2) note value $20K and up3) seasoning can be less than 6 monthsI will present the note on your behalf.

Therefore, depending on the terms of the note, in just a couple of years you could be paying A LOT more per month on the same mortgage (and it is all interest that is basically flushed down the toilet).You should consider shopping around for other lenders.

I've also lived in the house for 5 years and basically did a rehab on it after I bought it from the bank.

There are companies that pay you to do these BPOs - basically you're helping to do a CMA for REO properties.

Basically you want to become the "Mayor".

Ive finally found a close friend that wants to back me with money, basically Ill do the footwork, and the organizing and he puts out the money..not a bad deal huh??

I'm starting basically from scratch.

Im not interested in keeping the house, I just want out, basically I've walked away.Its in Michigan, if that is required.I appreciate any replies here, Thankyou.

When it comes to the investor psychology...ya gotta be in it to win it!

I once read that it's also not wise to take financial advice from someone who makes less than you do, though, I tend to sometimes disagree. In...