Rich Weese
article on 1.4 trillion in bank loans are going bad
http://www.costar.com/News/Article.aspx?id=F8302D370CCDA561253F53A2AD8E2437&ref=1&src=rss
The attached paints an additional scary future for bank failures. One half of the 1.4 trillion in jeapardy in commerci...
Skyler Flintall
Failure is part of the process
So at this point I accept failure with open arms But I feel I’m not pulling the trigger because I want to fail without losing a bunch of money. So my question is how do I manage my risk, Is it only my exit strategy th...
Rich Weese
update on word of warning
I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...
Peyton LaBarbera
Inspection Contingency Clause question
Just to clarify if within the 10 day inspection contingency clause I decided to back out because I can't find a buyer do I get my EMD back?I watched a Flipping Mastery video and he explained it where this is totally a...
Dustin Benton
Courthouse purchase?
hey everyone,I property that I have had my eye on is going to auction at our courthouse. I'm not familiar with courthouse auctions. I know that I'll be responsible for the title search, that's about all I know. Is thi...
William Clark
What do you bring to the table?
After a lot of reading and watching videos (besides this being common sense from my point of view) is that I need to bring something of value to the table. For anyone who may not know, the "table" is where I come for...
Ty Y
LC for free and clear only?
I am trying to get my head round land contracts. Is it used when the seller owns the property free and clear? If not... please elaborate.
lets say I buy via LC and sell via LO. If seller has an original mortgag...
Hannah Hammond
How would you invest 200k of private money at 10% interest?
Someone who I am close with wants to partner in real estate and is willing to private lend up to $200,000 at an interest rate of 10%. I have plenty of landlord experience in single family homes, but have not yet owned...
Colleen Ferrari
Losing deductions due to income cap
Hi-- this is my first post to the group. I joined a few days ago so please forgive me if I do this wrong. I read many articles and books on investing in real estate. I have owned a few rentals for 20 years or more, an...
Greg Raymond
Do you believe in having a plan B
Do you think that having a plan B means you believe your going to fail with plan A