We changed and went to an affiliate model and then actively worked to recruit those affiliates.

However, it will take time before some lenders will consider lending you money for your real estate investing activities, although you do still have options.

My ratios were screwed up for a couple of months (and my sleep pattern) but within 45 days I had sold one and gotten all my money out of it and gotten back to where I was actively looking again.frank

Not actually sure how you would do that, since you aren't actually buying when you're wholesaling.If you were buying with IRA money, then quickly selling, this would be an active business, and subject to UBIT (unrelated business income tax.)

This is considered the largest annual decline since the last recession of 2001 when banks started tightening credit.The Federal Reserve also conducted a survey in April this year of senior loan officers which reflected that 55% of American banks had tightened their lending requirements for commercial and industrial loans to small and mid-size businesses. 70% of those surveyed said they have made the loans more expensive.With the Federal Reserve trying to keep interest rates low so that money is available to jump start economic activity, the banks are not going along with the plan by holding on to their money.

I remember getting pretty active in the discussion here: LLC, S-Corp, or LP Holding Company?

Lately it feels like I've been placing offers on properties and sitting and waiting forever for an answer which is usually "they are probably negotiating another deal so we have not gotten a rejection, counter or acce...

For up to the minute info on these sales, go to the website and read the recent activity.

One reason for this is the lenders willingness to work out a modification with HOMEOWNERS Notes Deeds Conveyed •The lenders taking back deeds this month are the primary drivers of REO sales within the Market •Expect more downward price pressure in high foreclosure markets where there is proportionately lower sales activity.

the assessed value of the land is 42kthe realtor called me and said the owner is really motivated right now.. so I was wondering what others would say a good price would be before I put in a offer?