And I lost my earnest some times because of it.

So if you throw out a number like $200,000 and they only wanted $150,000, then you just lost out on an extra $50,000.

Do the orginal homeowners have any claim to the property since they lost the second mortgage at auction?

I kind of lost focus and direction after the agent license became less important than we originally thought.

Earlier this year working on it, I lost my hefty paying corporate gig, and decided to just move on with my rei career, rather than seek another job.

We never lost power, our cable was out when the thunder woke us at 4:00AM but back on when I got up at 7:30all cash

He could have just as easily been unlucky and lost his shirt - EXCEPT FOR THE FACT THAT HE BOUGHT RIGHT.

I also like saying, "If I don't sell, you havent lost a thing!"

He lost his butt on that flip.

Let us count the emotions:1) His advice "Don't do it" will have been worthless.2) You will be making more doing it your way than his3) He will know that he "should" have been doing this long ago for himself4) He will know that his other clients have been poorly counseled5) He will not earn money on your re investments.If you do poorly:1) He will have the satisfaction of knowing he was right not to do re 2) The money you lost is not available to him to invest3) You may, indeed, take out of other investments.So there you have it.