and i don't regret it at all. sure it's nice to have made a great profit on my first transaction but i viewed the situation as:1) i can continue to rent...2) ...or own a property paying the same amount of rent and expenses while gaining experience.in both instances my cash flow (i'm going to include the income from my job) would have stayed relatively the same---granted i pay about 200 more due to taxes and insurance. but 200 extra a month was not as important to me as it might be for some one else who has a tighter budget. but since i made the leap definitely feel more confident navigating the entire process over again and also learned how to do some rehabbing on my own (tiling, staining, flooring, light plumbing..etc...)I also now have realistic timelines as to when certain jobs can be completed----at one time i thought I could gut and fix my kitchen and two bathrooms by myself in under 2 weeks only working weekends.

No, you will not receive the same rates in the commercial side as you do on the consumer side, but that is the price of growing and success, as you said!

My opinion is that if you are in an area that isn't appreciating then sell and exchange into something in a growing area.

Thanks for the detailed information James.By the way, if the REO property is not yet been list on the MLS .. and the information I receive which also include the beneficiary ( I supposed this is the bank who now owns the property ) .. what is your suggestion as best to approach these instances.

For instance, my house is a very nice and clean 2/1.

Don’t answer them, literally, just asking…if you did/were not aware, you had to be notified of this action, public record, before it would be placed into collections and then added to public records.Option B: If you are adamant about paying it off regardless of circumstances and considering it is mom, like the other guy said, when and if you pay this off, create a contract that states that upon payment in full all instances of this account will be removed from your report.

Plus an entity's purpose is to protect your personal assets from business liability (or to segregate business liabilities as you grow), so unless you have quite a bit in personal assets when you start out, an entity isn't even worth the hassle yet.

Lets call it growing pains.That said, as we move forward, we will be upgrading our equipment to prevent this from happening again.I want to express my deepest apologies for any inconvenience this crash may have caused for any of you, and hope we can count on your continued support as we move forward in the future.Sincerely,Joshua DorkinFounderBiggerPockets.com

(the price difference between the original contract with the sellers, and your contract with the buyers.)In this instance, the seller and the buyer would then know how much you're getting paid.

Think and Grow Rich is an old title yet The Secret has done rather well.