I hope it's the first, in which case you are the one with the knowledge and the guts to put the deal together and your time and energy is worth charging high fees.After all they would not be receiving the built equity that they are receiving buy buying under FMV had you not brought them this deal.

I have already posted in REO, but have not received any responses lately.

Correction: FDIChttp://www.fdic.gov/bank/individual/failed/silverstate.html On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

this is kind of annoying don't know if the mods are aware, just want to bring it to your attention.

Turns out that after freaking out about, I need to pay a little more attention to each paragraph in the contract.

Any help I receive will be greatly appreciated.I am focusing on cash flowing condos with little or no rehab in the Las Vegas market for now.

lolI also want to remind all the members about the increased exposure you receive in your other internet endeavors by posting and taking part in the discussions on BiggerPockets.

Also, if you're interested in NJ, we have just received sales updates for most of NJ counties.

Most, if not all, states require a registered agent in case they are needed to received any important documents, process servers, etc.

You would have to front some costs to perform all the DD, but the receive it back.I know a few posters on here mention that lenders wont lend if you dont have skin in the game.