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ok, if you say so. Im not here trying to get into an argument...

Yeah, you can get 10 different corps and then go to 10 different banks and get business lines of credit for $100,000 each with a PG..then merge all the corps together and start spending the money on what you want...Its very possible....although having one corp try to get a million wont ever happen without tax returns and all that im sure..

Another good way to procure financing is through business lines of credit...you can purchase a shelf company that it 10 years old and then go to a bank and get the lines you need up to $1,000,000 on several companies and then merge them all to form one "investment" company and go from there...

hi,
I was just wondering if anyone knows that much about this company called RealNet?

An option is like a one page contract that says you have 90 days or whatever to buy this home at $100,000....in the contract it says that you can assign this option at any point. So, you assign it at $120,000 and when the property closes the seller has to pay you the $20,000...If the seller knows the agent then yes the agent should be paid by him... If you talked to the seller first then your agent did, I am not sure about that.. I have always just gave them some of my commission and everyone was happy...

Houston seems to be doing well after all the dust settles with this huge FBI thing that just happend...They arrested some 38 people that were all working a real estate scam operation down here..its a huge mess right now as far as forclosures go...

Craigslist is not a bad place to look for pocket listings or Loop Net as well..

same here, go with what they say..

Double closings are a little tricky...I would put an option on the property and then assign it at a higher value. Whenever the property closes then you pay the agent from your proceeds. Thats how I have always done it.

The properties in Houston are fantastic! Any investors want some stuff down here let me know...I have a lot...