Let's face it many (most) people misinterpret a lot of what they read.By doing it the way I do, it ensures that many readers will go back and re-read all of the previous posts to see what the fuss is all about.

I also heavily weigh references from previous landlords, and verify that they are currently employed.

Be encouraged, you're way ahead of the game.I started about 4 years ago in the end of college, and i absolutely love the real estate investment world.

Hence I orignally and still do....look for transactions that can close in several weeks tops.Still I agree with the previous post, "that the race is not given to the swift, but to the one that endures to the end".

After negotiating with the firm's owner, I was able to get a free refi that would occur immediately at or below the rate I was previously promised.

I'm a recent college grad and currently doing real estate appraisals and beginning to dabble in investing.

So your buyer would need to come in with extra down payment to cover the difference.Seasoning of "loans" has to do with refinancing a previous cash-out loan that is less than 12-months old.

Otherwise known as REO (Real Estate Owned) bank properties.They have already been foreclosed and now are owned by the lender, not the previous owner.I think that service is worthless if you want PRE-Foreclosure information.Jim Watkinswww.dfwmentor.com

On the other hand, medical graduate students carry debts in the range $19,000 - $105,000 (Source: Department of Education).Tuition fees have risen 32% at 4 year private colleges whilst they have risen by 41% at public universities and colleges.

Since abandoned houses are my specialty, I can pretty much tell you with confidence that the house isn't worth a whole lot more than what it was previously... and likely worth less as Prohabber said.