With an increasing money supply the price of goods and services also must increase, because we will have an increased amount of money fighting for the same amount of goods and services.

My dept. is currently battling with an FHA rep. who will not approve an FHA loan on an REO we have for sale because he is classifying our practice of liquidating REOs as "Flipping".We recently aquired a portfolio of NPAs from Lehman Bros to service.

I was shocked to hear that some of these "services" charge up to 2 months of mortgage payments (between $5,000 and $7,000 in CA).I'd appreciate your opinions and experiences with these services, either as a customer or entrepreneur.

I am not too sure about placing ads in those sites that are offering services free of charge because we may be not be aware if our ad expires.Ruthrbns

Basically when it comes to referral fee's it's just a handshake or verbal agreement on the phone.If you found a buyer for an investor, he should be more than willing to pay you your refferal fee in order to use your services in the future.

We have become a big service economy with no underlying basis for that success, and I agree that there will be a major correction and price to pay some day.Thus my reason for being here -- I backed into real estate related employment a few years back, and I see it as the best place to make real money.

Besides, the lender won't do the refi if the new loan drops the debt service ratio (DSCR) below their requirements.For instance you locate a building and during your due diligence you see the potential to increase rents and decrease expenses by making some repairs.

At present my target renters are those connected with the university (students), and the low-income people connected with related service and support industries.

If you have Texas investments with Trada you may contact Texas Secretary of State for info on making service on Trada partners.

Hard money lenders seem to be the way to go but everything were finding on the internet either doesn't service this area, the minimum amount loaned is 100,000 which is pretty high for rehabs in our particular market or is just flat out scams.