:help: Thanks everyone for your involvement, and to all of our newbies, WELCOME!

Get involved and start to engage in the conversation happening here.

Your best bet is to be honest and explain the circumstances.Perhaps you could talk to them in advance before you spend the money and time for the classes.

It feels great so far to be involved with this, making the jump.

I've been involved in real estate since I was a child.

We look for the foreclosure for the great deal, but unless we can do some good then really we are simply part of the problem.We are starting to do deals in Australia that have been around since Adam was a boy and they don't involve bank finance but offer a means of structuring a sale and a purchase to give the seller what they desperately need, while at the same time giving a buyer what they need and can't get - a house!

Are you planning on getting involved in the US real estate marketplace or focusing more locally?

I'm glad to hear from others that those deals and the people involved are getting investigated and in some cases convicted.

If the numbers work and the market sets the price then a 500k investment for a 2 br/1 then so be it.I agree that location, weather, land availability, and jobs(salaries) all play a roll in the cost of a house.Do I think its crazy to pay that much....you bet.

When I first started out investing in real estate, I was quite fearful of getting involved in a "Bad Deal".