Their website has a "Credit Center" too, look in the lower left of the main page.

It's main value will have been to "reserve" the house so that someone else can't buy it.

Wages / cost of living are lower here, but the main issue keeping prices down at the moment is the number of foreclosures in the area.

If that were the plan, why would one care about paying any principle anyway.In the event you were to get a Hard Money loan for this purpose, they are usually Interest Only to begin with because they are Short Term Loans.If you are planning such a short term project, the main thing to be aware of would be Pre-payment penalties.Be sure you get a loan that has none.

Ive found great success finding great cashflowing property's Upstate NY... my main focus is in Niagara Falls area, cheap properties, with great cashflow.

Putting in two main arteries and the growth over next five years is going to be expotential.

I guess my main concern is finding real legit information.

The main concern that lenders have is that the property will again end up in default.

Again I don't think it's done intentionally, I think it's because many people see an appraisal as just a number on the bottom of page 2.

The main one being your corporate structure.If you are planning on flipping houses, it's always good to first consult with a qualified accountant and lawyer who is knowledgeable in real estate.