The Federal Trade Commission said David Del Dotto of Modesto and his wife, Yolanda, have settled charges that they deceptively represented features of their "Cash Flow System," a get-rich-quick real estate scheme sold to thousands of consumers on televised infomercials.

Even if you only do one at a time, you can still be consumed on occasion and enough to damage your current livelihood.As a lender, Ann suggested you consider loaning your money to rehabbers instead of doing the work yourself.

I stopped because it was sooo time consuming.

Would you ever consider wholesaling to a consumer rather then an investor if you could not find an investor in the deal?

The repercussions of that decision not only equal getting blackballed fromm HMLs, it will be a real forclosure on your credit report which will get you blackballed from consumer credit and mortgages and possible have negative affects on your business depending on how it is structured.So in reality, you will end up paying points and fees and penalties out the arse to the HML over time until the house finally sells because it will always be better to pay an extra 2000 dollars to avoid a foreclosure if you can afford it.

As an investor/consumer, I have no desire to overpay or participate in fake bidding wars.

it looks out of place and looks huge. i'd convert this into a room and sell it for a 4 bedroom house. take out the valance above the kitchen sink. it would make the window look bigger.i'd take out the iron around the patio. it would make it look bigger too. but it might create more work to fix up too, so just a suggestion.list it as a rental right away, so you dont lose 2-3 month of sitting empty.and lastly, tell you daughter to stop texting. lollooks great and good luck.

We live in Minnesota, a consumer protection state.

I would venture to guess that there is no "wealth effect" and that the rise in prices is going to be temporary, neither situation will influence RE.What will influence RE is jobs, consumer confidence, and a better ability to obtain a mortgage loan.

If you bought a place with rents assigned, that's what you'd get your rent assignments based on for both parties, time consumed and time paid in advance. :)