A competent Property Manager should definitely be involved in developing the scope of work, especially if the investor is inexperienced.

We're glad to have you on board and hope that you can get involved in the community here.I hear great things about Columbia.

Hi,I have owned a mortgage company for 12 years and I have been involved with putting together past clients from Europe that have 5-10 million dollars to invest in non-performing notes in the U.S.

Reason 2 is to build capital to purchase multi-families, do some seller financing, and finally to possibly get involved in the note business.

I don't see how its fraud as everything is being disclosed and I'm being straight forward with everyone involved.

Seemed to be a good lesson for everyone involved.

In the position they owe for simplicity they owe a 100k and the house is worth 100k how would you present this to the bank and say comps are around 100k for the same square footage.

The whole setup smelled fishy as hell, and it certainly wasn't what I was looking to get involved in.

I have been rehabbing and involved in other business for a long time.

If there is not a buyer's agent involved they may be willing to lower there commission to get the deal done.