**************My answer:REI has to do with risk analysis and exit strategy implementation.Rule #1 - Conserve personal cash.If you have to break rule #1, get a partner.To buy in this market, you can sub2, land contract, seller carry - JV, option flip, etc.To sell in this market, you can lease option, land contract, all cash consumer, carry a second and keep or sell in 6 months.To make cash flow, consider being a consultant helping others sell CREATIVELY, and get fees.That said:You bought for $28K, out of pocket is $5600 down, owe bank 32.4KHave you considered your carrying costs?

I would also like to grow my real estate buisness through rehabbing and purchasing buy and hold properties.

. :)And I strongly believe that without successful and systematized marketing, businesses will have extremely hard time growing in today's world.

Why would it hurt the consumer to have the real estate agent know what their credit looks like before wasting time and money trying to help?

If you're outside the city in a McMansion in a subdivision on 1 acre lots, why aren't you in a rural McMansion outside the city on a 5-50 acre piece of land zoned agricultural, costing less in taxes and at the very least, leasing out horse boarding or commodity growing rights to another farmer?

- Lead list companies - Foreclosure.com - late on mortgage - Active eviction records - landlords - Probate/Obitiuaries - heirs - ect .. ect ...THINK AND GROW RICH!

While there are 168 hours in a week, working two full time jobs would consume much more than 80 elapsed hours.

So we’re back to selling retail to end consumer which we will always assume will use FHA.

However, as your portfolio grows, the risk diminishes because the cash flow from your properties will cover any big expenses that come up (assuming of course that you bought properly and have calculated your cash flow using real world operating expenses).

Branson is growing leaps and bounds due to the new landing and I am watching for the river boat gambling boats within 5 yrs. ( yup, been defeated once but I bet they try again.)