When someone is behind on their payments and facing foreclosure, their credit is already ruined and whether an investor buys the house or not, it is no "WIN" for the seller.

By doing so, you may be validating the seriousness of their situation, which can be a good thing to those who don't like facing reality.It's very difficult to make a property financed 100% LTV to cash flow as a rental...the market doesn't work that way in my experience.

Frankly haven't dug too deeply to decide if this is true or not, as I've not been faced with the decision yet.I guess what I'm saying about Buffett is that, yes, he buys value, but it may take many months and often years to see it realized.

I head there every May to see the Nascar All-Star Challenge.

[b]Here is a challenge for everyone… Let’s get Bigger Pockets in the www.killerstartups.com top 10 in the next 10 days!

Eventually, having som e rehab skills would help your buying skills as being able to cpaitalize on a really good real eastate value also means being able to quantify rehab on a very timely basis....sometimes on the spot as many good deals are swarming with investors.the challenge here....until you have a solid customer base (and even then for that matter) selling real estate, if you expect to make a half way decent wage...is a FULL time job and so is rehabbing for that matter. you might find it helpful to get a job with a home builder as a cleanup guy until you get your license.2.

Dulac - lets see that face of yours!

Now as newbs we are kind of faced with a problem, a good problem but a problem nonetheless.

Challenge… I personally ask you to “Step Up!”

Then when you meet face to face, get more details.