so you must stay focused.anyway, original point - you can't "flip" an owner-occupied property - UNLESS you use seller financing or a regular mortgage (and live there for 6 months to a year anyway for loan seasoning purposes).

Do you have an interest in getting a group together for investment purposes?

Just for the purposes of disclosure I'm a broker.

Once this is active, we plan on holding periodic contests with prizes for promoting the forums and bringing in new members.

4) Why do other investors suggest always use a landtrusts for the homeowner in preforeclosure and he orshe is the beneficiary of his own trust5) to protect ourselves as investors to do a 2nddocument which is called an assignment of beneficialinterest of land trust what is the purpose this 2nddocumentThis 2nd document shall not be recorded in publicreocrd of any county and you have him sign thisdocument over to you as the owner, he assign to youone hundred percent to you, this document does notexist until everyone signs it, as long it is notexececised it does not exist, both top parts aresigned not the bottom, then what happens afterwards doyou have to pay tax twice6) what do you afterwards you set up a land trust doyou do a short sale, do you record the land trust, itor do you do something else

I guess this is the place where we announce what our purpose on here is....

The lender won't give you every piece of information you ask for and some of that is restricted by law for privacy purposes.

Why would you bull-doze it if you can get revenues until you decide to re-purpose it?

I'm getting estimates for pretty much everything but they're purposefully high end and we intend to do a lot ourselves.

The government is promoting growth at existing resorts.