First seen partly in American English by at least 1938, the KISS principle states that most systems work best if they are kept simple rather than made complicated; therefore, simplicity should be a key goal in design, and unnecessary complexity should be avoided."

AS for giving back I started aheroshome.org and we have raised almost enough money to give that house away to a first responder I want to honor our true American heros in this manner. but as a life long real estate dude its just a lifestyle its not a job.. and hopefully my lifestyle will continue until I ride off into the sunset for good.

So, to cut to the chase, you can make money (through W-2 income, not in the traditional passive income fashion that is associated with most RE) if it's a business expense.  

I am an American citizen that was raised in the Philippines and I can only say be very careful on who you deal with.

Call me old fashioned but I say HOLD.  

He sad that this sounds exactly like something from American Greed or a movie what we are going through.I don't know at what point does George and Morris sit back, look in the mirror, and admit to themselves how many people's livelihoods they screwed over.

I am not exaggerating when I say you step back about 200 years, things are still done the old fashioned way.

I have been around a long time and I am totally aware of trends which equate to fashion.

Now reduce your percentage of 30% for total available credit balance, which starts to decrease at 10%, not 30%, and subtract a portion of that, usually 3-5% at 11%, and increasing in loss of points per points above 11, seeing substantial drops at anything above 30%, and additional negative impact at 50%.Now assuming you are at a loss of 10% for the average, you drop 85 points, because lets face it, not many people have 10 accounts for 10 years on average, the average person has 3-5.Now assuming you lose another 3-5% at the lowest, with a more realistic loss of 10% for 30% of credit max, you actually reach roughly another 25-30 points, for a grand total of over 115-125 points.Now assuming the average americans credit score is a 720ish ball park, you just dropped from a good credit score, down to high 500s, to low 600s.

The American way for a majority of us is to spend every penny we make and then some.