You don't want to be in a position of being the bank (that's what you are as the lender) that has to do a short sale (that's your money you're losing on that short.)If its new construction, and you're making a construction loan, you're in a much riskier position.

As a well respected Broker and Investor, I have too much to lose to deal with fraudulent activity.

So he's got not much to lose and not much motivation for coming down in asking price.

Lately I have been venturing out to a lot of properties that are for sale looking for my first investment property.

Looks like wednesday's headline news has already been generated.

I'll gladly take full responsibility. :lol:

http://www.cnnbcvideo.com/index.html?nid=eWWc8R7DEu07GLqtFKRfETI3OTc0OQ--&referred_by=13487226-zOssWzx

YOu basically "lose" the difference.What I am refering to is when there is a sufficient gain in return, above what you could receive under normal, no risk circumstances.

I'm looking forward to hearing about your future ventures.

Drug dealers would go to prison and I'd lose the key.9.

They can stroke people all they want, but people are still going to lose their jobs & homes.

In this environment where we're looking for scapegoats, an evil investor who took advantage of an naive homeowner is a prime candidate to lose a lawsuit.Mike