Keep in mind that this video was released in 2013 when the housing situation for homeowners was generally more dire than it is at the end of 2015. 

Since she did not give me a release statement, I typed one up for her and asked her to sign.  

If you don't have a buyer when your option period is up, either negotiate to extend the option period or terminate the contract.    

It's along the lines of "hope is not a strategy" - if I could figure it out, I wouldn't need a mentor.The only person I would consider selecting is one who agrees to get paid only AFTER I get paid, shares his network and sources with me, introduces me to his network and sources, and is willing to extend his own resources to help me get started.Anything other than those is just another "guru", in my book.When I reach the point of being available to mentor others, those are the standards to which I will hold myself.

AS you progress, a bank that you build a relationship with may extend the amortization to 25 years, allowing you to cash flow better and the term may extend to 7 years.My first couple of deals had 20 yr amorts and 5 year terms, and we just refinanced and got 25 yr amorts and longer termsGood LuckGino

For your next deal, have the seller put money in escrow for any repairs that need to be performed, and have it released when the actual repairs take place.

Some of the info Im looking to find is for my local area MD/PG County area is:-Market inventory-Avg days on the market-Median sale price-Forclosure rates I've read some of this info if not all is collected by the local board of realtors & released to the public quarterly/monthly.

As a result, we now have three new "vulnerable renter" ordinances that will trump state law, they extend the notice period for both no-cause vacate and rent increase.

REOs might not be available as such on ANY site unless the lender has released them to their listing agent for sale / disposition or the bank is itself selling them thru Hubzu, Auction.com or some other outlet.

If you know of specific subs or suppliers for the property, insist on Final Releases from them.