quite a cynical bunch.

The Wall Street losses are a trailing indicator.A fair amount of the losses are not even directly connected to the home mortgagees as some are trading positions that people got wrong.

Asking: $30,900 (assessed for 38K)Taxes: $1,799Currently rent: $750The 2% rule works: 2% of 30,900 = $618However: at 6.5% my payments would break down as follows:P&I: $195Taxes & Insurance: $233 (I estimated 1K for insurance, is this fairly accurate)?

I would still run the other one too, because I mean...the more thats out there, the more likely you are to get calls, but the honesty does seem like it would take away a bunch of the BSing with saying "I sold it, but would you like me to call you."

But I know there are a bunch of RE schools online.

If 20 people each made them 5 times a week, that would become fair market price and they wouldn't be deals any more.Yes, I have bought houses with $100,000 instant equity.

I don’t like meeting people to get quotes… It is too time consuming, So I like to be able to figure it out fairly simply…

At that point the investor puts in an offer.However, if the BPO comes in and is a little too high, we want to still make this a win-win for the investor and give a referral fee in cash for finding the lead.I've found this to be a fair agreement with investors.

It sounds like you had to put a fair chunk of money down to get the loan.

Looks like both these guys may have been at least partially correct, but a fair ways off in their timing.