I am curiuos to have insight from people who were in the business post Savings and Loan Crisis...specifically from a more experienced perspective..What do u guys think will be the effect of the Bailout ...vis a vis Rea l estate prices....PLS I DO NOT WANT THIS TO DESCEND INTO POLITICAL DISCOURSE, AM NOT INTERESTED IN SOCIALIST,FASCIST AND CAPITALIST POLITICAL DIATRIBE( NOT INTERESTED) am stricly interested in what I can do to better myself under this emerging conditions.Thank you

Not to mention, Lehman was probably only involved in the initial transaction.

Hopefully, this depression will have the opposite effect and we'll stop all the handouts and get back to capitalism.Mike

You also don't miss out on the 'instant gratification' that you don't get with NetFlix.The only downside is you have to actually walk into a McDonald's and deal with the smell.The other franchise is called DvD Now Kiosk or something to that effect.

How long did it take you to do your first wholesale (or any R.E. transaction)?

It should be a good market for wholesale transactions.

Thus leading to a trickle down effect in all houses.

Louisiana is definitely different :)Be sure you are complying with Act 50 (effective 2017) that made conducting below real estate activities for 3rd parties without a license illegal, yep a criminal offense...  

I am an all cash investor/principal with $2 million per transaction that seeks to purchase substantially discounted real estate, builder closeouts, REO's and other opportunities with fast exit strategies throughout U.S.

My last transaction, though, was a disaster, and I can no longer recommend them.