The type of transaction prosecutors say McLeod abused works like this: Homeowners facing foreclosure sell their homes to a third-party investor, typically located by a foreclosure consultant, but continue living in them for one year.

As the media continues to bombard us with all the news of the increasing foreclosures, it seems to me that there is an opportunity for Realtors to help.

Additionally, we have had to ban many members of NRU because they came to our site and violated our rules by continually pitching their school to our members.

It sounds like he maybe willing to continue to pay some of that payment even though I would take the homes on land contract.

While the nation struggles through a housing crunch, there are many markets that continue to do well, despite the rest of the country.

I would like to get properties while continuing to live in my own residence.And if this is a good idea, can I do this once a year, taking the equity out of each house and putting it as a down payment on another?????

The advice normally comes from a RE lawyer who is being conservative.Assuming the payments continue on time then the lender has little incentive to call the loan.

I'm looking to continue to invest in this area and I want to establish a relationship with a good lender.

I'm continuing my research and will get in touch as needed.

Difficulties cames as I experienced new lessons and continue as I stay out of my comfort zone.