Over 10 people in my investment group have bought from this builder and he came highly recomended from an investor friendly perspective.

Because I don't believe anyone would consider buying the property for even $300k, I would like to know if anyone else shares my skepticism, and if so, what you would offer, from the perspective of a residential buyer?

Will, I agree with nearly 100% of what you stated, but I disagree with your comment on the bailout, and part of your perspective on the seasoning.

This makes perfect sense from the banks perspective.

Hi Jack, I'm interested to hear more about web marketing from your perspective, i.e., suggestions for books, software, etc.

You're going to get lots of different answers to this question, partly due to the fact that state laws may vary, and due to the fact that licensed agents are going to have a different perspective than unlicensed investors.In my state, a licensed agent can lose his/her license if any money flows from the seller to another unlicensed party not directly on the HUD-1.Again, this is just my state and rules made clear by my agent's broker.

I agree with nearly everything Jon stated too; however, I have a slightly different perspective on the following comments.Originally posted by Jon Holdman:Now, as to whether these companies are scams or not.

I have been doing this for so long that sometimes I need a fresh perspective.

Justin, I have seen this tactic a few times and from the bank’s perspective, it is good business to get some cash if things go sideways, which happens with so many deals, especially investors who just took a (bad) course.

That may seem unfair because from your perspective you're doing all the work.