(in essence if you were to put the extra $5500 down would it hurt your pocket book?)

Further, it has been fascinating to see how many books and articles deal openly with methods for fooling lenders.That said, I've contacted several local real estate attorneys, asking if they handle Subject To closings.

Or do you think it will take a toll on your pocket book for some time to come?

Now, I'm realizing that rentals and foreclosures may be the way to go.The first thing I did to get started was to sign up for RealtyTrac's free 7 day trial to see what's out there in my area for foreclosures, and get a couple books from my local library on real estate investing.Somehow researching online led me to your site.

By the way, bought MikeOH's book.

The Nevada legislature only meets every other year, which means that the law will be on the books for at least two years before it could be repealed.

Actually, it was a 6 month notice but they kept me on the books for an extra two months so I could close the last two loans as "employed" on full doc (it pays to leave on good terms).

You will find some references.I know an author in WA state that has a book out.

Could you let us know what book you purchased after you get back from the book store?

Question 2: How long is a lender allowed to hold onto a property before it becomes a regulatory problem and they are truly forced to clear it from the books?