But just yesterday I repossessed a house from an investor you used 75% and lost his shirt.

The first time buy and hold people dont understand the numbers very well and here it is a great time to buy so they do the PITI thing the same as the people who lost the property they are buying from the bank.They are also able to buy these properties for more then we are able to because they are under their max loan limit and can get 30 year money for 5.375 with no points 85 LTV.

But I have lost faith in trying to spread the word or anything.

would you rather be apart of a team that is collectively spending $10,000 on marketing or spend your $1,000 per month on marketing and get lost in the mix, when we blitz the market?

:cool: Something must be getting lost in translation here.

I lost thousands being flexible and in the end had to hire a property manager. 

We feel like we lost out on these houses because of this huge delay. 

With just the info from your post I would guess it's a lost file in a state of default.

I have lost deals for not having enough cash during the negotiations.If you do not end up needing the money from the HELOC the cost is very low but if you end up needing the money you will be glad you have the HELOC.

You've saved me lots of stress and probably lost $$ if I hadn't had any leverage over her!