I went to a local bank, got a commercial loan for a "Cheap" house + improvement loans total $20k interest 7.34% fixed - 15 years.

It's all totally ridiculous because there is no secret to real estate investing.If you really want to be successful in this business, keep your money in your pocket.

Is it true that it should take no longer than 6 hrs total for a wholesale deal?

I can't really see bringing manufacturing back, mainly because we are used extremely low cost of goods and nobody will work as cheap as the Chinese, Indians, etc.However, I do see America creating a totally new mini economy like we did with the Internet.

So if one has $9M in Net Worth, they have (for example) $12M in assets and $3M in liabilities for a total NET Worth of $9M, correct?

Yes, my wife and I received a total of $1200 and most people that we know received it as well.

I'm totally going to buy it.

It's total B.S.

Loan customers should continue to make their payments as usual.Meridian Bank had total assets of $ 39.18 million in total assets and $ 36.88 million in total deposits as of September 25, 2008.

Chris S,I totally agree.