All the details (including the financials) are on my blog...But the short story is, I received a call last summer from an agent who basically said, "My son's house is going to foreclosure next week, is listed as a short sale and we need an offer to stop the foreclosure auction.

Steven Hamilton II my understanding on your post is I pay tax on the 10k at the end and on Bill Gulley my understanding is that I pay tax on the 10K in the year the lease was signed... any clarification?

The basic things to have in your contracts are as follows.a) it's need to have the words "and or assigns" in the contract next to your name.b) needs to have an inspection contingency.c) you need to mention in the contract that your are buying the property "as is".I also use in my contract that the seller agrees not to negotiate with prospects that I send to the property and that I may market the property on different media outlets including the MLS.

http://www.amazon.com/SECURITY-SURVEILLANCE-SIGNS-Decal-video/dp/B001FY0WDKI've kind of thought that's what I'd do if I end up deciding to buy houses in "undesirable" neighborhoods (not to say yours is). I

My question is is it okay for a realtor to look up info about cash buyers on the MLS and then provide all of the info of the buyers (name, address, what they purchased, etc) to a third party?

I found myself in the position that many investors do, which is "I need money, and there's money just sitting in that 401K earning 3%."

What I mean by that is I want to refer vendors to my clients that will assist in making their home sale or purchase meet and even exceed their expectations.

I know I need to understand what a good deal is. I

Like I said earlier, if they ask who the owner is, I will tell them it is me.

I m not an expert and I buy homes through the MLS so it may be different for if you buy foreclosures and site unseen.but my first and for most is: is PRICE and LOCATION right?