I guess i could say my eyes were openeed to a new world after i read rich dad poor dad and then couldnt stop thinking about what i was doing wrong and trying to get back on track to doing to recover from my early bad habits. well im 21 thinking about startin off in whole saling i already read all of ryans whole saling posts. the only thing i believe im missing is the contract part, may seem like an obvious question but my attorney would be drawing this contract up with a few contingencies while whole saling?

It takes so long to recover from one or two mistakes.

Besides seller assists/concessions which the max's are 3% in PA and 6% in NJ, what are other qays to recover acquisition costs.I love to get great deals and maxing out seller assists, but i'm trying to acquire more and more properties.

In other words, they will allow the developer to recover capital that has already been invested in the project by including it in the total financing amount.

21.In the event any action, suit or preceding is instituted to enforce any provision contained herein, or to recover possession of the premises, or to cause payment of any sums due hereunder, Tenant(s) agrees to pay all costs, expenses, collection and attorney's fee, as additional rent, either expected or incurred by Owner/Manager to the extent permitted by the Washington Residential Landlord –Tenant act.

To Robert's comment about being able to recover negative rents on a tax return, I assume this only applies if you don't earn over 150k AGI and you're screwed otherwise?

Ideally, I would like to outright sell the property since I would recover all the cash and I can move on to my next deal, but the market is somewhat slow here.

That loan trades well above 60%, all things being considered, since the Mortgagee stands to recover interest arrears, advances and fees from the equity of the property.

If he is running around posing as a hard money lender he may pop up with other members on BP.I hammered a broker here years ago collecting fees who never made a loan, got a loan package and paid the fee and stopped the check and turned it over to the FBI, she was caught in Florida as a gang of scammers, they went to the big house and the agent told me he didn't know if any money was recovered to pay back those she had ripped off, probably not as they live off the money.

I actually read in an article that it is one of the fastest recovering markets in the country.I would like to hear opinions from you all, what kind of strategies you would recommend.