I've contacted these agents and basically the most they're willing to do for me is give me some MLS leads (essentially the scraps that their already established investors don't want).

They have a *very* pro-seller addendum that essentially says that they can drag out the closing (due to title issues or whatever) for as long as they want, and you can't back out regardless of how long it takes (unless they decide to let you).I once had a FNMA property under contract with $40K in EM, and it took 7 months to close.

Citigroup has essentially re-branded Argent Mortgage as Citi Residential Lending."

So I would essentially pay off the loan so they would have the deed, then they would sell the apartment (ideally around 300k) and I would get back 150k and she would get 150k as well.Just seeing if anyone had experience in Russian real estate and would know how to even start going about setting something like this up.

I use an addendum which essentially turns the REALTOR approved contract into an option contract.

Getting a loan without income, whether hard money or long term financing, is essentially impossible.

It is my understanding that junior lien holders essentially get wiped out if the owner of a tax liens forecloses on a property.Example: House worth 100k with a 1st mortgage of 75k, I buy the property tax lien for 5k, hold it for a year (legal holding period before you can foreclose in my state), and when I foreclose the 75k mortgage is wiped clean and I own the property free and clear?

He has agreed to continue to mentor me and as one of the bigger wholesalers in my area can essentially provide me with a never ending flow of obscenely cheap property.

You are turning it into a sort of fixed ARM where you are locking your future rate adjustments based on the market's expectations today.So again using actual market prices, you are essentially locking in and guaranteeing yourself a 2% rate increase on your first adjustment.

Originally posted by Don Hines:BryanYou sure can talk "purty".LOLBryan was quoting the opening of Chapter 1 of "The Communist Manifesto"Here is the last paragraph of Chapter 1"The essential conditions for the existence and for the sway of the bourgeois class is the formation and augmentation of capital; the condition for capital is wage-labour.