My opinion is not to throw away a lead that could be a good deal, especially when you're starting out.Short sale is the way to go in these cases, but you want to ensure that you're signing up properties that have a good chance of getting a deep discount from the lender.Such properties are those that have volatile features that can be pointed out and negotiated/overestimated by the lender.

Sellers who are willing can greatly increase their chances of selling by offering lease options.It would be great to hear some more strategies that are working great for the rest of you!

I would hope to get this property for 90,0000 take the loan for 110,000, using the extra 20,000 to bank, improvements and any catastrophic failures that could possibly happen.

As to the initial posters' question and from one that really feels I had a chance to create 1B in wealth, I don't honestly believe you can now do that only on real estate.

If you don't pay any taxes due by the 4/15 deadline then you get hit with penalties and interest.BTW, I have a brother-in-law who is an IRS auditor, filing late absolutely does reduce your chances of a randomly chosen audit.

I never attended his seminar or boot camp, but will the first chance I get.

But hey, my low-income properties on the 'other' side of town that house blended families will always be safe because of the race card.Unfortunately, I don't see matters much improving as we transition into our wonderful socialist future led by kind and caring bureaucrats......

We have a PA investors groups that you are welcome to join if you get a chance.

The one I have ($25 bucks) is titled, "Interior Home Improvement Costs".

R.E. is stressfull the highs and lows of one day thinking your getting a check for tens of thousands to ten min. later no chance of anything untill you put another deal together.