So, I am a beginner who is trying to get started wholesaling properties that I've obtained through pre-forclosure short sales.

.*******.com), and it seems that between the increasing reo's and short sales there is still quite a bit of business out there to be obtained for newer agents.

The financial advisor, as he is referred to, mentioned how 3 months ago I'd be able to obtain 50K, but with the state of our economy the bank has significantly scaled back.

Over the past couple of months I have obtained much information about HUD homes and FHA loan programs that are offered to the public.

Real estate investors are businessmen and we have to think and conduct ourselves as such, especially when approaching a lender to obtain financing for a project.

- Obtain seperate phone for business.- Attend local RE Club meeting for first time.- arrive early, stay late.- immediately place contact info from networking into my database. - Go to county courthouse- learn what info is available from clerks.- setup DBA- network- Locate good webdesigner to set up business website.- Design & printout business cards using local business.- Use local business to manufacture fifty bandit signs

For example, where the party which seeks to be released knew that the other party would incur significant expense in obtaining materials which cannot be transferred to other work, a court may find that under the circumstances the contract should be enforced despite the statute of frauds.In the scenario of wholesaling or flipping an REO, in which there is a clear indication of fraud, or even misrepresentation, the promissory estoppels would not prevail.

A short sale is another way to obtain a REO if there are two existings defaulted loans on the property.

You can still own and transport and even carry a gun in California if you follow the laws properly and obtain the proper license.

In Boston, when I lived there you had to obtain a permit to carry pepper spray and could only carry certain blends of pepper spray.Knives are another matter entirely as they in some way more efficient lethal weapons than a gun.