Through the first half of 2007 I was telling my membership to seriously consider selling most of their investments while the prices were still high.Then at the start of 2008 I told them it was too late if they had not already taken action and discussions turned to scooping up bargains and effectively managing their holdings to weather the economic storm.What I did not talk about was the hidden fraud at so many levels in the financial system.

This revelation of the true depths of the crisis bodes well for the bulk investor, it gives ammunition to the skilled negotiators out there who are doing short sales and single REO purchases, and it reminds us all that groups like the National Association of Realtors, that had an affirmative duty to protect us all is finding it increasingly difficult to spin their failures.

I have a one-level ranch with 1.5 bathrooms.

MLM stands for Multi Level Marketing and it is a good business model when done correctly and ethically.

Using that line of credit of 36K I now have increased the equity of the house from 58K to 125K-36K which is 89K.But doing this 5 different times all at once would bring my total payments to those lines of credit to a level higher that I could make if I do not have someone paying me for the house (rent) and to sell one I would have to pay off that 36K which is like asking the buyer to put almost 30% down.

Over come the fear of talking to people on a business level.

When showing the home ask questions that allow you to get a level of comfort with the potential buyers situation.

We have our own "secret societies" - just on the local level.

Then a fighter plane from Ridgecrest made such a low level high speed pass that I thought the pilot was going to crash - scared the heck out of me for a second.I really liked the fact that the land was bought and paid for in full.

Now, develop your skill so you can find more great deals without relying on luck.Welcome aboard, Mark!