Beautiful.

I expect to spend time looking at RE in both when I'm bored.What beautiful, cool country this is and having a great time.

Details:1) The property is in a MAJOR tourist area, on a very busy main highway2) The couple wants to run a beauty salon/spa/wellness center3) The property is a 4BR 2.5BA house (zoned commercial - used to be a tanning salon).

In my days as a commercial banker, I've closed a couple hundred SBA 504 loans, so I understand the process (and consequences) pretty well.The upside (if you can call it that) - is that while SBA certainly CAN come to collect on their collateral, I've witnessed many many scenarios where they don't (they tend to behave differently than a typical bank).

If I am lucky enought to stay married to my beautiful wife, that will be additional financial boosting.I began my career as a civil engineer about 3.5 years ago and my salary has climbed by double digit percentages each year for the last couple years.

I told them, ok, prove that caused the pump to fail (produce the invoice) and prove it was our tenants (signed witness statements?).

Hi Kyle,Yes it's a beautiful place---bunches of movie stars are moving/live here cuz of it's small town and majestic beauty---close to Sta Barbara.

Sounds like you have more latitude in your area as well as much lower RE values so perhaps that is part of the equation.Ann - I completely understand your concern, however, in the use of the trust to wholesale the REO, no lender is needed, not even a transactional type, that is the beauty of using trusts to wholesale REO's.

There are properties though that can have environmental issues, wetland issues and potentially other issues that can become a greater liability than the real estate is worth.There are homes near me that are beautiful today and probably will remain that way for many more years.

This beautiful city in the Hill Country with the Colorado River running straight through downtown brought forth over 70,000 new residents this past year.