Find someone there that looks like they know what they are doing and take them out to lunch and pick their brain on your local market.You'll want to keep that cash in your pocket for now, the best thing about real estate is you get to do the majority of it with OPM (Other Peoples Money).

To me Financial Independence is two major things: 1.

A few industry notes:Last month HostGator had a major hack - 50,000 credit cards leaked and posted online.Blue Host has very slow servers.We are using HostingDivision.com as it's SEO friendly.....

I would diversify a little bit.....the majority of my money is in real estate, however, I do have some money in stocks.

These LOCs, just like little department store cards when you were starting out, will help the business build a good credit record.

`(p) Enhancement of FHA Capacity- Under the direction of the Board, the Secretary shall take such actions as may be necessary to--`(1) contract for the establishment of underwriting criteria, automated underwriting systems, pricing standards, and other factors relating to eligibility for mortgages insured under this section;`(2) contract for independent quality reviews of underwriting, including appraisal reviews and fraud detection, of mortgages insured under this section or pools of such mortgages; and`(3) increase personnel of the Department as necessary to process or monitor the processing of mortgages insured under this section.

There are just so many variables in a kitchen that it really hard to know.In my recent rehab, I did a pretty major kitchen change.

Buying , Fixing, and Selling, 4 month time frame, (I hope)I am not a handyman, so estimating repair cost is a reach.A poster on this site suggested to use the $5K rule to estimate repair cost5k to fix/update any major house component.

Thanks for all of your advises, it turns out this agent is in the middle of quitting (or being fired) from the current broker and getting in to another; he has been sitting on doc for over 3 weeks (mostly basic REO disclosures that needed to be signed and return to selling agent) that he didn’t know how to pull them out of Windforms (Realtor Online Contract data base); asked seller’s agent questions about them over and over; lack of REO knowledge (REO Specialist printed on his card) and couldn’t care less for his last few clients…Relayed the facts above (with a little help from the selling agent) in addition to the tangible misled evident to my agent’s boss and got only 18 moths worth HOA fee ($810) credited.Yes, another rookie’s lesson learn; just didn’t think he would be that much out of line for a major issue like such; considering he’s a 72 year old guy with shallow ethic.

Seems like a win win situation to me.my major cocern with leasing back is that she proved to be a not reliable payer