I am seeing more competition in my markets.

The ONLY thing we can do is to take care of "our shop" and weather the storm or even take advantage of it.

In this environment where we're looking for scapegoats, an evil investor who took advantage of an naive homeowner is a prime candidate to lose a lawsuit.Mike

I would have gotten more involved years ago with outside activities, such as biking, hiking and camping, and especially dog sports, agility, mushing and bikejoring, and perhaps been competitive on a local or fun level.

Their philosophy is that they are happy to help because they know that no one out there is their competition since they do their jobs so well.

Rich - good point, it is much more advantageous if the debt was used to purchase real assets then say a bottle of Louis XIII at the night club. :) Of course all dollar denominated debt would still be less relative to your earning power.

Look at it from the roofer's perspective, there are many crooks and wanabie investors looking to take advantage of him as well.I would use the third party idead for each of your protection and comfort levels just to be safe.

These comps where all sold competitively with few days on the market..

Seems they look at me as competition rather than an ally.

FICOS should be around 700 I'd like to take advantage of some of the reos here, and don't need the cash flow, so I can afford loan payments, to be paid from the LLC.