It is a mess.

Hey guys how do you think this Bailout will mess with our ability to Negotiate with Banks and Sellers?

Most of the news people are reading today about our financial and housing mess is due to the improper use of equity.

Those folks can call or email a bid, and that name will go on the bid sheet along with everyone else's, for the round robin bidding on Sunday night.

If you lock yourself in an 18 month L/O you won't be able to sell to someone else for that time, so you are guaranteed to lose that money every month.The way I look at L/Os is that I assume the person is never going to buy it.

By no means am I an expert however but if anyone else can confirm this that would be nice.

Like someone else said, your credit is going to be hit anyways.

What else do folks put in those safes?

Do we have enough armed forces left to invade anyone else?

I’m Paul, and I wholesell and shortsell residential property in New Jersey, full-time.I’m young, looking to make my mark, and am working harder than anyone else I know to do it.Lots of great stuff on this forum….look forward to learning from you all and contributing.