Each subsequent post does not follow from where the previous one left off.

Make sure you follow the laws and always pay the investor back or you could easily find problems with the SEC.

The auto racing franchise brings in tons of money every single year from extremely devoted followers, and who is their #1 sponsor?

I think we just need a name for the loyal Bigger Pocket posters...Like those following the Greatful Dead were call DeadheadsJimmy Buffet has his Parrot HeadsWhat are we called?

Fannie Mae, which creates the guidelines for most lenders to follow, does not have a seasoning time to use the actual appraisal value.

My parents own 3 rental homes themselves so we are following in their footsteps as well.

For example, one of the two houses I just signed on today went as follows:36.5K Ask26K Offer30.1K Final Accepted OfferRehab 11KList 74.9K, offer just above 72K will be final and will close the deal.

Freddie Mac recently announced guideline changes that will greatly affect residential real estate investors.Beginning August 1st, 2008 the following changes will go into effect:A borrower may not have more than four financed 1-4 unit properties, including the subject property.

I'm not following the logic.

.- 3,1 - 986 sq ft - Built in 1940 - Rougher Side of Houston, but NOT a warzone, in fact this street is more of an elderly neighborhood, This house is close to MANY of Houston's attractions (downtown, reliant stadium, minute maid park, the Toyota center, Texas medical center, museum district, and about 4 Universities)After my due diligence we came up with the following numbers.- ARV = $82,500 (which was conservative, recent comps for smaller houses came back slightly higher)- Repairs needed = Around $10,000 for rental - (Needs central air, some rotten board on the outside, some doors/sheetrock repair, and painting)We wanted to try to start out with a $10,000 assignment fee to split between us and work our way down depending on what they would take as an offer.