A late payment is defined as one that's more than 30 days overdue. - You must not have more than one late payment in the past 12 months. - This must be your first refinance through HARP.

I agree with Angelo Monday that you need to define your goals before you start using your cash.

Come on, Bryan...I know you realize the logical fallacy employed there...Your hypothetical starts with a very low percentage likelihood event and then draws broad conclusions.Let me do the same thing:If a nut-job is holding you at gunpoint while he's riding on a unicycle, would you feel safer if:a.

That is an EXTREMELY broad set of questions.A very simple way to evaluate a rental is the "50% rule".

Q1 will start a national recession caused by the fiscal cliff aka broad tax increase.

A very broad question, I know - but I ask this because there are A LOT of real estate investors who pour their heart, soul, money and years of their lives into this endeavour and get nowhere with it - while others seem to hit one grand slam after another.Why does this happen?

I strated a Creative Financing group thing here on BP and I guess I didn't spark too much interest as few commented and couldn't get them to start from the beginning.......everyone wants a short cut I guess, anyway,Can you define waht creative financing is or what could be involved?

You could also reach out to a Realtor and get them to run a report reflecting all of the addresses that have sold for cash that pre-defined area in the last 90 days.

Rob, I agree with you, this is practically a total guru scheme.If you're going to define wholesale deals as selling to a landlord or someone who intends to sell closer to the FVM (after rehab of as is) at a price allowing them to profit, well, I've done that many times.

As Will said since it is non-conforming it is very high risk.The problem I see if it is a short sale or foreclosure is when the broker or agent does a BPO or even a regular sale they make small adjustments for it but not enough.As mentioned you have to get it for an amazing price as you do not have enough comps to feel comfortable nailing down a very specific exit value but have more of a broad range.