They are really organized and are training libertarians to run for local offices - it made me feel like there is a glimmer of hope.Right now it's just really hard to watch the country go down the tubes!

And sure made a lot of people in a lot of places very rich.As far as "guaranties that home values will increase", there were two organization that for all effective purposes DID guarantee values would always increase - National Association of Realtors and National Association of Home Builders.

She followed certain rules that had withstood the test of time: "Invest in stocks for the long term," "owning your own home is your single best investment," "spend your entire career with one organization," These 'rules' are not working anymore.

It is very legal to buy a property and then assign the contract or resell the home.

Jesse, from a "flip" perspective, no $20k is not enough room after considering you will have 6%-9% on re-sell costs plus holding costs and any repair costs.

Are you looking to do a purchase option contract on the homes then resell the contracts to end usersBasically what is your exit strategy?

For purposes of this Act, the following definitions shall apply:(1) FINANCIAL INSTITUTION.—The term ‘‘financial institutions’’ means any institution including, but not limited to, banks, savings associations, credit unions, broker-dealers, and insurance companies organized and regulated under the laws of the United States or any State, territory, or possessionof the United States, the District of Columbia, Commonwealth of Puerto Rico, Commonwealth of Northern Marianas Islands, Guam, American Samoa, or the United States Virgin Islands, and having significant operations in the United States, but excluding any central bank of, or institution owned by, a foreign government.(2) SECRETARY.The term ‘‘Secretary’’ means the Secretary of the Treasury.(3) TROUBLED ASSETS.The term ‘‘troubled assets’’ means residential or commercial mortgagesand any securities, obligations, or other instruments that are based on or related to such mortgages, thatin each case was originated or issued on or before September 17, 2008, the purchase of which the Secretary determines promotes financial market stability; and, upon the determination of the Secretary in consultation with the Chairman of the Board of Governors of the Federal Reserve, any other financial instrument, the purchase of which the Secretary determines necessary to promote financial marketstability.

If your flipping or rehabbing and reselling in less then 90 days how do you finance the resale - without using hard money?

If you already have buyers lining up to buy this from you, you can ignore my comments about additional due diligence...I thought you were planning on rehabbing and reselling, in which case you needed to be a little more sure of the numbers.If you're wholesaling, all that matters is that you can find a buyer, and it sounds like you've done that...

b/c I sold leads to pay for my own marketing on the leads I didn't sell covering the cost of my marketing that will in return result in deals that I wholesale, that will result in cash reserves to buy/rehab/re-sell................I'll have gotten to that point and be able to say that it was all b/c I sold a few leads when I got started in Probates.Again, I hope my travels in the probate world will be of some help to others