If you have a CC with a high limit on it and they are mailing you these "balance transfer" checks, you can do a lot.

Your best bet might be to see the house and make the offer there, so you can negotiate properly (without highlighting TOO much the deficiencies of the property) with the owner.

If you do the items in the proper order, and you get fed up with being a GC you can always farm out the rest to a GC.

There may be a way to track real estate properly on this program, but it sure isn't intuitive.

Shortsale is possible but given that it takes 6-12 months to do a shortsale, the 90 day-period prior to auction is too short.John approached me about his hedge fund that can buy notes - "one offs" - meaning one note at a time versus in bulk - provided the unpaid balance is $600K and above (or a jumbo loan).The idea here is get the hedge fund to buy the note at a discount and then I can buy the note from the hedge fund.

At that point the tenant may balk.If they have so much money balance in their bank account the bank will usually give them a cashiers check for free without charging them to pay you.

Buyer must submit proof of funds for down payment and state whether local investor, out of state, out of country and how they plan to finance the balance.

We also include a copy of the original fine for their reference.As an incentive for the tenant to pay the bill, we charge a late penalty of 1.9%/mth on all overdue invoice balances.

I found these videos from CrowdCheck's site yesterday and they're some of the best material I have found on the net about the tradeoffs and balancing that is going on with the current rules.Title III Decoded: A Closer Look at the Proposed SEC RulesWatch the Second Annual CrowdCheck ConferenceCo-founder Brian Knight speaks on crowdfunding panel at UVA School of BusinessThere is some great discussion on these videos if you invest some time watching them.I haven't found a lot of discussion or commentary on how promoters indemnify themselves.

The issue is not enough water gathers in the tank for a proper flush.