The whole assigning a contract (Subprime lender) mentallity is off the tableFraudulent and or inflated appraisals and the likes created a sizeable chunk of what we are seeing as a whole in the housing crisisI would seriously doubt Wachovia or any of the top tiered banks would still allow itI am curious which "federal law" it is that dis-allows selling a contract?

Originally posted by "winthy14":comps are not recorded so it doesn't create a further worsening of pricing pressure.

Half of my kids will be attorneys specializing in contingency cases.The other half of my kids will be attorneys specializing in drawing up deeds, writing sandwich lease options, evicting tenants, creating LLCs and land trusts, and so forth.And the last half of my kids will become politicians.Man, can you spell 'return on investment'?!

REO buying or REI is a full time job.I hear sometimes they spend sleepless nights researching the bounty.I dont honestly think some one doing that really has time to post in forums trying to help create competitors.

I am starting out in commercial real estate as a broker and i was wondering what type of software you guys use to create marketing packages and if you use other software to aid you in researching properties and numbers.Do you have something to create charts and show returns over the course of the investment?

Or, if you had 10k passive loss year 1, and 7k passive gain year 2, you could deduct 3k loss from earned income year 1, and year 2 would be a wash.There are other ways to create unlimited passive losses against ordinary income, however you need to be a real estate professional (as described and recognized by the IRS) which means you have to meet two requirements: 1. you spend 750 hours per year minimum on your real estate business, and 2.

With the Sub Prime fiasco hitting most every U.S. market, creates a great market for investors.

In addition to Jon's post, creating a Partnership LLC would also be a way to structure a deal.

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

I created a system where I used private money for a few hours, purchased a deep discount property, had my end buyer lined up (owner occupant not needing fha), put the two together and snatched the spread in the same day.It worked every time!