It is just taken to illogical extremes on some threads on BP and that is the only beef I have ever had with it.

Account Closed  I get it where is the beef.. its the alienation clause.. its lender prerogative.. no argument there.AGAIN my position is you have too many guru's probably YOU.. teaching too many undercaplized people ( half of BP audience) this scheme and its highly risky to the seller.

My beef: To add to the 1) exorbitant 2.5k auction fee (which I got mostly back at auction close on my first auction because I had a contract with a realtor that if I put him down as my buying agent he would take $500 and refund the rest of his commission to me). 2) no way to verify if you are bidding against another investor or the bank itself, ADD 3) if you use their title company they pay title insurance...fairly good deal with a foreclosure as the foreclosure process in Texas wipes out all liens in almost all cases BUT what happens is their title company (themselves by another name in both my cases) charge a settlement fee equal to the title policy and closing fee charged locally (in my case $100 more).

Hi AndrewThe Spanish courts have beefed up legislation recently to counter bad or non-paying tenants.

----A byproduct of this is younger black children will see more black-owned entrepreneurs (that aren't sports or music stars).

I’ve shaped my life to operate on my priorities & our primal needs (most “busy” people react to other people’s agenda) so that the million dollars is just a by product of my sustainable lifestyle.

That is not pessimism, it is reality.I have no beef with you at all.

1) Building is newer2) Rent escalations are better3) Chicken > Beef health-wise4) Better Cap5) Outlet model off a major highway is fairly provenHaving said that, if you're buying NNN why in the world buy in California?

I only made general comments and gave specific examples of how it works in the real world.I just want to ask you to be mindful of the words you use on the forum, just because you are fortunate and was able to invest just what you can loss does not give you the right to call anyone foolish. if you have a personal beef with mmc keep it that way.

That doesn't really make sense to me.It reads as though the bank WOULD be willing to refinance ($265k) under their normal guidelines (because you'd still have 25%+ equity in it), so what's their beef?