Well this thread seems to have a few Dallas guys pitching in so I wanted to invite all of you (and anyone else) to attend my 2-hour "Eye on the Metroplex" presentation this coming Tuesday (November 7).Here is the link that has more detailed information:www.dfwmentor.com/eye_on_the_metroplexIf you are new to investing or even a seasoned pro, my insights and tips I share in this free presentation make for a very useful night.

Before I ask my question understand I know business and nothing else.

In the past when I have taken them somewhere else for one reason or another (seller/buyer has a relationship somewhere else) I have always regretted it.

Is the real advantage knowing about the homes that are soon to be listed on mls, therefore being able to put in offers before everyone else?

That program ends 12/1 though.Who else can do it?

No legitimate college or university is going to pay you to refer your friends and family, or anyone else.

Which needs to be paid off like the second mortgage. 3) What should we be worried about owing on this property besides the 2 mortgages....They are not behind on property taxes we know. 4) What else do you investors worry about owing when buying a foreclosed home at auction?

Or just a big mess of paperwork?

Decreased marketability and less options for financing them when you are a buyer.For example:FHA creatively provides no money down financing with a 3% grant.Nothing else does..Fannie Mae will do 95%Beyond that it is 10-20% down.

The major problem being that most of them (about 85%) don't even have enough equity for me to mess with.Thinking about it, though, with a low equity strategy like lease optioning the MLS could have some strong potential.