4. when does private placement memorandums come into play

Hello all, this is how i spend my days(Phase 1 get my mind right)- Pray- Meditate - Exercise & go Jogging - Take a warm shower (while listening to relaxing music)- Eat a good breakfast(Phase 2 take care of business)- Check and respond to both my email and voicemail messages- Check to-do list, and complete any items due that day- Scan through that days top real estate news articles- Do a little networking through various real estate groups & forums (mainly for: education, finding deals, and building my connections) - Do at least one thing that day that normally makes me feel uneasy (I work on conquering my fears by doing them) (Phase 3 relax)- after all this, I put anything new on my to-do list to complete for the next day, then I either read a book, hang out with friends, watch a movie, or play video games.

Is the seller willing to give you cash for the negative equityFinancing is tough right now and there are some good deals but getting into a negative equity play just because of seller financing does not make a lot of sense.

He has played no role whatever in bringing us these buyers.

One week later we were bombarded with newspaper reporters inquiring about our Lease and our "tenant" Of course I played dumb.

Not really asking if its probable but just possible.Let say you find an apartment complex for $1M, look at the numbers, sounds like a reasonable play and you get it under agreement.

There is talk of a new entity being created to provide insurance for money market accounts like demand deposit accounts.

If you call people back some will claim they didn't call and others you will play phone tag with forever.

It is very complex and you really need to have your own agreement drafted if your going to play in this sandbox.

I must have been off somewhere.For me the Craigslist test was most valuable to see if there was an actual demand for rentals in a certain area.