Now that you have the risks pointed out, the benefits are tremendous going with the "assuming you buy right aspect"You control property you otherwise may not have been able to, you increase your tax deductions, and cash flow, and the low interest rate currently is the cheapest $ in the biz right now.

I have had a tremendous wholesaling business utilizing the Detroit market the past 6 months.

Welcome Marsha.The forums and articles on the site are a tremendous asset.

(thats pathetic) I've learned more on this site in one year than I did in 37 years of investing.This site is invaluable to the newbee as well as the seasoned investor.There is tremendous power in numbers.

Lenders are unwilling to lend and borrowers are unwilling to borrow so the velocity of money has dropped tremendously.

Also look at every war in this country's history - and you'll see tremendous growth in government at the same time.

This would help me out tremendously, and I would be very greatful for any help you can lend.

There are tremendous disclosure problems that any a__hole attorney can make an argument out of, if he thinks you have deep pockets..

Firsts are generally not effected by 2nds foreclosing, btw.You have tremendous power at the moment, having a lender with no expectation of getting paid, ever.

THANKS for your timely answers, they help me tremendously