Just saying that I may be better off dealing with a wholesaler than a stressed out seller.

However, it will take time before some lenders will consider lending you money for your real estate investing activities, although you do still have options.

My ratios were screwed up for a couple of months (and my sleep pattern) but within 45 days I had sold one and gotten all my money out of it and gotten back to where I was actively looking again.frank

Not actually sure how you would do that, since you aren't actually buying when you're wholesaling.If you were buying with IRA money, then quickly selling, this would be an active business, and subject to UBIT (unrelated business income tax.)

This is considered the largest annual decline since the last recession of 2001 when banks started tightening credit.The Federal Reserve also conducted a survey in April this year of senior loan officers which reflected that 55% of American banks had tightened their lending requirements for commercial and industrial loans to small and mid-size businesses. 70% of those surveyed said they have made the loans more expensive.With the Federal Reserve trying to keep interest rates low so that money is available to jump start economic activity, the banks are not going along with the plan by holding on to their money.

Mine is nervous and while her fears aren't completly unwarranted, I simply am not stressed out by the things that bother her.

I remember getting pretty active in the discussion here: LLC, S-Corp, or LP Holding Company?

If you want to flip short sales in my opinion....is safer and less stress to simply take a month out of you busy schedule, spend $500 bucks, pick up a real estate license and build you profit into the commission.

Lately it feels like I've been placing offers on properties and sitting and waiting forever for an answer which is usually "they are probably negotiating another deal so we have not gotten a rejection, counter or acce...

For up to the minute info on these sales, go to the website and read the recent activity.