Never mind we back down 75 @1:20pm Does anyone remember when a 150+ move in the Dow was huge?

Any ideals on how to reach more receivers and or banks before they go into receivership?

I know there are ideal deals out there and you have to find the right one and not fall in love with 1 particular house.

You can submit less, but you must remember all the details of the deal are variable.We find that if we want to low ball the offer, we have a better chance of success if we high ball the Earnest and remove as many other obstacles from the deal (termite inspections, radon inspections, property inspections, mortgage contingency clauses, sale of other property contingency clause, speed of sale, etc.).We have a member of our REI Club that recommends 100% of offer in Earnest funds.

The bank loans at a significantly lower rate than most private lenders and it's relatively hassle free getting a commercial loan (once you know what paperwork they require).If you're doing quick flips, a commercial line of credit is ideal.

Remember that in addition to the "normal" expenses encountered with ownership in these properties you will have more breakage on furniture, dishes, sheets, towels (you will be providing all of that) and it's not like a rental across town that you can pop in to fix a garbage disposal, replace a bad fridge etc.

Remember, there are 4 benefits of owning RE.1.Appreciation2.Tax benefits3.principal reduction or payoff4.Cash flow(if any) The first 2 are the largest ways of creating wealth, by far in any study ever done.

If you are trying to establish credit try and remember that the size of the limit has little to do with building credit.

I deal more with the middle market of homes, i.e. newer homes in subdivisions in the 125-250k or so price range (obviously dependent on your market and goals).

Remember that a card has two sides, but some people over do this by cluttering it with too much information.