Many have said Nicaragua is where Costa Rica's market was 15 years ago, and I continue to see many of these new developments springing up with lots being sold for wholesale ($20,000+).

One assessor just showed up one afternoon and wandered through the house and asked my drywall man if he could wander through the house.He left his card and told me to call him.I just cried alot and told him I bought it for less than it had sold for the year earlier because no one wanted it.

We have been developing since the late 70's and in that time have only sold one property.

You don't have to get a loan just yet and the seller has sold the property he doesn't want any more.

The lowest priced one is listed for $245K and it hasn't sold for months.My question is: Is there any chance WAMU would lower my principal to FMV and let me keep the property?

Seriously, I want the feds to make up the loss I took on the car I sold recently.

Hi Dick,I started investing many years ago and sold those properties for a profit.Since then have been involved buying and selling on a small scale.This year with all the foreclosures there is a lot more opportunity.

I would not quit my job until I have bought and sold at least 5 properties.

I have a copy of the bill for you at: www.BillionDollarBailout.com/TARP I say keep the Federal Government away from troubled assets and let market forces in the private sector manage the assets.

Utah, rehabbed, wholesaled, and bought and sold foreclosures This looks like a fun site , as soon as I learn how to use it!