@Sam Leon - I was told that certain halogen light bulbs can over heat from oils on their surface and then explode.

Sam Freshmen's book on syndication is a good read as is Gene Trowdbridge's book called "Its a Whole New Business."  

I know @Jackie Lange   @Jay Hinrichs    is there,Jay have you ever thought of Master leases in American strong holds such as Belize, Costa Rica, Panama?

Hi there,and thank you everyone for your active engagement on the site - listening to the podcasts and reading some of the posts has been a terrific education so far.I am Sebastian Koellner, a German-American currently living in northern Bavaria, Germany.

@Sam McPeek Got it.  

@Sam CravenThanks for the advice !

Sam & Heather Jones Depends on the asset manager but you will probably get a "counter" (Which is not a counter in the sense that we consider a counter but just the minimum that HUD will accept at this time) later in the day

From what I gathered from the title company (first american) they collected lender's title insurance fees on the HUD and feel they have some sort of liability if they get a release for the mortgages that never were recorded.   

At the moment this is hypothetical, but I'm meeting with a real estate agent on Saturday and these are roughly the actual numbers I may be looking at and if I can figure out how this works, and get my wife on board to take the huge plunge into immediate re-investment, I would really love to avoid having Uncle Sam take a huge chunk of money.  

I struck up a conversation with the bidder for American homes 4 rent.