Posted by JT - IN on August 16, 2001 at 05:41:10:
Please don’t take this as me trying to be rude, because I am not, but to the point!
You have been advised, over the past several weeks, by some of the best-of-the-best, on this site, to read, explore and educate yourself, as to the techniques that are utilized, to consumate these type of RE deals. Now you are saying you do not understand the L/O. How can this be, if you would have taken previous advice, and learned the L/O, then you would NOW understand the L/O. Now this is not rocket science, so anyone can learn it, with application, but have you done so? I don’t think so.
You ask a host of other questions, and request help at putting this deal together. Many could provide correct answers to your questions, but without the foundation of learning the techniques used here, what will you do with this advice? Not much, cause you will not understand what is recommended, as these techniques do require you understanding these basics, in order to apply them. Are you prepared for this application? I don’t think so again.
As has been suggested to you previously, Read the How to Articles, Success Stories and the Archives. When you have a better understanding of the subject matter, then you should consider contacting sellers, and posting questions about the above situations.
Sorry for the harsh news…but if you will ever have an opportunity to succeed in this business, you will have to follow someones direction, rather than running astray as you have been doing. Good Luck
JT - IN