But what they fail to acknowledge is that 10% of 1 million is still more than 99% of 1 thousand...

If you back out of a HUD deal you will lose your EMD.With a bank REO if you get more then 1 then kind of like the HUD’s start looking for buyers – it will take most banks 2-3 weeks to close unless a previous buyer backed out and title is ready.If all else fails and you can’t close on a bank home you will lose your deposit.I am not sure why your waiting so long to hear – you say you make an offer then wait for ever and then year and year……..even doing 1 offer at a time you should be able to do 4-5 offers each month – so using “Jon’s†math you referred to you will get 1 house ever 4-5 months.

I hope they won't fail ):

(Of course they fail to mention that those same people had a 6% higher cost factor too!)

Gurus failed to mention this to me :P

REO Seller asking 99,900Property 1 1500 sq ft split ranch SF 3 bd 3 ba 2 car garage120k-138k ARV comps 109900-115000-151300-167900@ 65%- 20,000 REPAIR COST -4 POINTS -6 MONTHS INTEREST ONLY MONTHLY PAYMENTS @12% ROLLED INTO THE LOAN WITH 3 EXIT STRATEGIES in hopes of moving the properties quickly because even the best laid plan can fail as we were told and read we need to be prepared.WE WANT TO OFFER TO THE SELLER BUT NEED POF before we can even make an offer$55,200.00 CASH OFFER with hml or pml backing.REO Property 2205,825 ARV117,325 listed with the information we have found so farstill waiting on county assessor to get deed info from mortgage holder.

Most agents are incapable of thinking outside of the box and fail to see the benefits of working with investors.

Goldman Sachs got a HUGE bit of the bailout money and Lehmann Brothers was the only major hedge fund allowed to fail and disappear - clearing the way for Goldman Sachs.

Continuing to slam the messenger while failing to dispute the message is silly, imo , and gets old.

. # to the son.Contact me offline as if those all fail I might be able to track him and/or his relatives down for you.