Posted by scot | Posted in Cycle Clothing & Accessories | Posted on
Tags: black gray and white myspace layouts, black gray bedding, black gray snake, black gray squirrels, black gray tattoos, design, inspiration, portfolio, typography, webdesign
Black Gray

Black or White
In a business such as ours, there are MANY gray areas. But, do you actually know what is gray and what is not?
When Sharon and I first started in this business we structured deals the way our mortgage brokers told us to. It was not until we had been in the business for awhile that we began to question whether or not some of the deals were in the “gray” area. Lucky for us, we did not break the law. However, many investors do and have gone to jail or been heavily fined because of it. How does a new investor avoid the pitfalls of unscrupulous realtors and mortgage brokers? Easy, if you can’t put it on the closing statement or show it to your accountant, you should not be doing it.
We want to share a gray area scenario with you so you will understand what we are talking about.
You have a property for sale for $80,000. You find a buyer who loves the property but can only qualify for an 80% loan. Your buyer has no cash and needs 100% financing. Your mortgage broker tells you to make the sales contract for $100,000 and that he’ll get the buyers 80% of that amount giving them a $80,000 loan. In essence, your buyers now have 100% financing. The broker then tells you to prepare a second mortgage for the additional $20,000 ($100,000 contract price minus the $80,000 loan) and satisfy it at the closing table. You agree thinking this all sounds good. The day of the closing arrives, your buyer gets the 80% loan, you close on a deal, and then you sign papers satisfying a second mortgage you have no intention of collecting. Seems like a great deal for everyone, right? Wrong! This is bank fraud. If you can’t put the second mortgage on the closing statement or you aren’t really collecting the money or you inflated the price to get your buyer 100% financing, you have, without a shadow if a doubt, committed fraud.
There are so many mortgage brokers who do this, it’s scary. There are other ways to get your buyers qualified without committing fraud. You can pay part of their closing costs, you can offer gift letters, some banks allow the seller to legitimately carry back a second mortgage, others may allow you to pay part of their down payment. We know how desperately investors want to close on their deals, but please do it within the limits of the law. There were two mortgage brokers in the paper recently who were arrested on charges of fraud. We happen to know one of them. Don’t let greed or inexperience lead you down the wrong path.
If you are a new investor and don’t know where to start, call a group leader or another investor. We are happy to offer advice, give you the names of folks that we have successfully worked with, and help you in any way possible. Attending investor meetings is the best way to find every person you need to be successful in this business. Other investors will be happy to share with you who works in the “white area” and who does not.
About the Author
Dwan Bent-Twyford is the Co-Founder and Faculty Head of The Investors Edge University, a company that specializes in training new and seasoned investors in a wide range of real-estate investing techniques through live workshops and seminars.
Dwan is President of Financial Freedom Through Foreclosures. Her company specializes in educating new as well as seasoned investors through a series of home study courses and boot camps.
Wearable Black/Gray Smokey Eyes: 88 Coastal Scents Palette
![]() |
![]() mens Chatham Road black grey cashmere blend sweater xl US $12.99
|
![]() NEW PING WINN AVS JAS BLACKGRAY PUTTER GRIP US $4.55
|
![]() Modern size 8 Refuge Grey black denim jeans US $.90
|
![]() 3 Calvin Klein Belts Gray Black White Womens Size Large US $26.99
|
![]() FOX The Duncan Sunglasses black grey lens MSRP $90 US $25.49
|
![]() NWT Designer Grey Black top poncho Size 14 16 US $18.10
|
![]() PERRY ELLIS PORTOLIO Black Red Gray Long Sleeve Sz XL US $.99
|
![]() Jaguar XK8 Black w Gray Convertible Roof Top Complete US $725.00
|
![]() NEW $95 VON ZIPPER LEXICON BLACK GREY SUNGLASSESS US $49.99
|
![]() New Baby Dreamer Baby Stroller Black Gray Retail $199 US $99.98
|
![]() NWT Career Tunic Blouse Top Vest Gray Black Brown S M L US $.99
|
![]() M Gray Black Hard Cover Case for Apple iPhone 3G 3GS US $.01
|
![]() 2010 2011 Camaro car cover gray w black stripes OEM US $302.00
|
![]() GEOCACHE geocaching ROCK cache w log SPECKLED GREY BLK US $4.25
|
![]() Gray Black Jordan Spizike US $90.00
|
![]() Dell Latitude E6400 w Backlit Kybrd Red Black Grey US $600.01
|
![]() 7 Detachable Watch Band Gray Blk Oval Crystals NEW US $1.99
|
![]() 7 Pc Modern Black Grey White Bedding Comforter Set King US $54.99
|
![]() Lovely Black Gray White Summer Work Career Dress SZ 12 US $.99
|
![]() 7 PHITEN X30 BLACK GRAY TITANIUM KIDS WOMENS BRACELET US $15.99
|
![]() Oh Baby Motherhood MATERNITY gray black dress pants XL US $1.99
|
![]() Cool Black Gray Enamel Snake Hinged Bangle Cuff SZ285 US $.99
|
![]() RALPH LAUREN POLO GOLF SHIRT MENS BLACK GRAY S S LARGE US $9.99
|
![]() Black Grey Fabric Bath Shower Curtain SetLinerHooks US $26.99
|
![]() MINI DRESS TOP TRENDY GREY BLACK SZ 10 MUST SEE NEW US $10.24
|
![]() S10 Seat Handle S10 Blazer GM1994 2010 GREY BLACK TAN US $16.95
|
![]() Cleveland Never Compromise Mesh Cap Golf Hat Gray Black US $5.50
|
![]() NWT NIKE BLACK GRAY BIG TALL BASKETBALL SHORTS 4X 4XL US $20.50
|
![]() Oakley ZERO Dark Grey Black Iridium 05 286 US $80.00
|
![]() RED BLUE BLACK GREY BEADS STAR BEADWORK BEADED EARRINGS US $3.99
|
![]() SMITH VANGUARD POLARIZED SUNGLASSES BLACK GREY NEW US $33.00
|
![]() OAKLEYS SUNGLASSES Dart Polished Black Grey POLARIZED US $122.17
|
![]() Charabia Black Grey White Dress With Red Flowers Sz 18M US $18.99
|
![]() OAKLEYS SUNGLASSES Blender 20 Black Chrome Grey Lens US $46.17
|
![]() 17” Cultured Black Grey White Pearl Necklace US $.99
|
![]() Black Gray OSCAR DE LA RENTA Jacket Sport Coat 46R 46 R US $16.00
|
![]() Black Gray GIANFRONCO RUFFINI Jacket SportCoat 44R 44 R US $14.99
|
![]() ANA XL Knit Top Beautiful Brown Taupe Grey and Black US $5.99
|
![]() NIKE FLIGHT SHOX SZ 14 US WHITE GREY AND BLACK COOL US $19.99
|
![]() Elegant Cultured Black Grey Pearl Necklace 17 US $.68
|
![]() New Creative Recreation Black Grey Cesario Lo Size 10 US $50.99
|
![]() Black White Gray Tweed J CREW Blazer Jacket 12 US $16.99
|
![]() Dark Gray Black Tweed JONES NEW YORK Blazer Jacket 10 US $16.99
|
![]() Black Grey Cheetah Leopard Print Bustier Corset Size S US $4.99
|
![]() BRAND NEW SILVER METALLIC BLACKGRAY MENS BOWTIE B048 US $2.89
|
![]() Wetsuit Lot Men Ladies Ski Warm Purple Black Gray Large US $9.99
|
![]() 12mm Black Grey Shell Pearl Necklace US $.88
|
![]() Velo Dual density Open Mountain Bike Grips Black Gray US $.99
|
| Powered by phpBay Pro |
![]() |
Libbey Classic 16-Piece Glassware Set, Smoke List Price: $26.99 Sale Price: $24.99 Average Rating: ![]() |
|
Classic design is sleek and modern, with a weighted sham for extra stability. The 16 piece set features 8 Double Old Fashion glasses, 13-ounce each, and 8 Coolers, 18-ounce each. Dishwasher safe. Made in USA |
![]() |
Captains Courageous List Price: $19.98 Sale Price: $12.30 Used From: $11.98 Average Rating: ![]() |
|
Studio: Warner Home Video Release Date: 01/31/2006 Run time: 111 minutes Rating: Nr |
![]() |
Remixed List Price: $17.98 Sale Price: $8.75 Used From: $5.68 Average Rating: ![]() |
![]() |
Bach: The Art of Fugue / Musical Offering List Price: $17.98 Sale Price: $6.71 Used From: $4.80 Average Rating: ![]() |
|
There are many apocryphal stories in the classical-music world, but the one in which Frederick the Great challenged Bach to improvise a six-part fugue on a theme of the king's own invention is true, and The Musical Offering was, after a period of further reflection, the result... |
![]() |
Rose Marie (1936) [VHS] List Price: $19.98 Sale Price: $19.99 Used From: $7.89 Average Rating: ![]() |
![]() |
Some Like It Hot (1959) [VHS] List Price: $9.94 Sale Price: $3.95 Used From: $0.47 Average Rating: ![]() |
|
When Chicago musicians Joe (Tony Curtis) and Jerry (Jack Lemmon) accidentally witness a gangland shooting, they quickly board a southbound train to Florida, disguised as Josephine and Daphne, the twonewestand homeliestmembers of an all-girl jazz band... |
![]() |
Rachel and the Stranger [VHS] List Price: $19.98 Sale Price: $69.95 Used From: $20.67 Average Rating: ![]() |
![]() |
Calculated Industries 5022-2 Armadillo Case - Black/Gray List Price: $14.95 Sale Price: $12.70 Average Rating: ![]() |
|
Protect your calculator with this new shock absorbing, ergonomic, soft-grip case, featuring a tough 360º flip-top hard case. Fits Calculated Industries calculators, models 3405,3415,3416,3430,4020,4065,4060,4075,4080. |



US $12.99






















































![Rose Marie (1936) [VHS]](http://www.scottbeck.net/images/i/510NG0GEB4L._SL75_.jpg)
![Some Like It Hot (1959) [VHS]](http://www.scottbeck.net/images/i/51M3WF4F9JL._SL75_.jpg)
![Rachel and the Stranger [VHS]](http://www.scottbeck.net/images/i/21KRGZ1N2SL._SL75_.jpg)

