Join me on the next Foreclosure Fridays Live (June 29th) to discuss my trip, Foreclosure Book, etc! Start at 5PM PST (10AM Saturday in Australia).

Erin Morgan (PrLinkBiz) and Joy O’Day – NO DEAL!!

For those who have been on this blog for a while you might remember PrLinkBiz of NoLimitsLadies.com and the Phoenix investor. Here are some old posts to refresh your memory: Meeting Robert Kiyosaki Next Week! On Rich Dad TV with Robert Kiyosaki Back Home from Phoenix What Really Happened in Phoenix Asking Prlinkbiz to void […]

I Want to Repay Every Dirty Penny I Borrowed… via Wholesaling?

I’ve gotten several good responses to the Yes, I lied on My Loans entry and elsewhere. I asked a question “What can I do to make it right?”. The responses were typically: 1) Get a job 2) File bankruptcy and start again, or 3) Run away to another country, change your name and lay low […]

Utah House Still Wrapped, Sort Of

I made some calls today about the unwrapping of Utah. Spoke with the buyer (fix ‘n flipper) who took over my payments on a wrap-around contract (AITD). Spoke with the Central Bank of Utah, the escrow company which is collecting the payments from the buyer and sending it to my underlining underlying lender. False alarm… […]

Larchmont Foreclosure Sold at $199K after Failed Short Sale

[Banks lost at least $130,000 on me. Talk about my consequences on the show and comments here.] Some of you already know about this, but the Larchmont REO property was sold by the bank for $199,000 on May 11th. See the provided MLS screenshot. I lost the Larchmont property to foreclosure on February 27th, 2007. […]

Corporate Credit Seed Money Paid Off

For those who have been following this blog closely you will remember that I borrowed about $4,500 at a pretty high interest (plus points) from a private lender a few months back. That money was to pay for consulting and costs of acquiring a corporation and applying for lines of credit. Well, the guys at […]

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

Larchmont Foreclosure Sold at $199K after Failed Short Sale

[Banks lost at least $130,000 on me. Talk about my consequences on the show and comments here.] Some of you already know about this, but the Larchmont REO property was sold by the bank for $199,000 on May 11th. See the provided MLS screenshot. I lost the Larchmont property to foreclosure on February 27th, 2007. […]

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

Taxes Extended, CashCall Not

Busy day (and night). Had to go to downtown to take care of some urgent business. Bought some extra filing cabinets and storage supplies from our local West Sacramento IKEA for wife to organize paperwork. Still working. Quick update: Taxes My accountant filed for a tax extension with the IRS. Now we have 6 more […]

Debt Settlement… Settle Debt From Corporation?

In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]

What’s Next? How can I help YOU?

I’m getting a little bit of media attention lately. I never intended for this to happen. I just wanted to sell my houses quickly, avoid foreclosure, get out of debt… and tell my story in the process – to HELP people! I will continue giving you the blow-by-blow of how I’m getting out of this […]

Not Your Typical Flyer

Here is a flyer that I put together for the Muncy property. The big “I am Facing Foreclosure” will hopefully attract extra attention. I am going down to the property today and will put up a For Sale By Owner sign and put my flyers in the flyer box. I offer owner financing “takeover my […]

Burdett Lender is Playing Hardball

I’m working with an investor on the Burdett property who is negotiating a short sale with my lender. I only have one loan on the property at 295. The property was worth about 315 when I bought it back in January of this year (2006). Now it’s appraising at 275. The appraisal was just done […]