Considering that the home values are some of the highest in the country, it only seems logical that the wholesaler paydays would be SWEET if a wholesaler found some deals with equity.

That sounds logical.

Logically, one should take Obama's announcement as a "sign" that troops will NOT be coming home.

That makes logical sense to me.Note that I found a few typos in the illustration....but you should get the point if you check it out.

Karen please help me to understand your logic.

I would of thought 7 mailings in 3.5 months would of been ok but realistically, 2 years seems more logical. thanks for that.

Anyway, I get your logic and commend your character.

Remember you don't need insurance for the land.Finally, don't use the logic "but if I spend extra money I will get a nicer house when my house burns down".

Just my opinion, but it seems logical to me.I think a better option would be to package the properties & sell them at auction in smaller chunks.

We have no other debt.My question is whether it makes more sense from a financial point of view to pay down either of the houses or whether we should look into buying a property that does have a positive cash flow (there seem to be quite a few available in the Reno area) and use the left over equity from our Reno property to do so.I don't like the idea that we are stuck with the Las Vegas property at this point and would logically conclude that paying down that property until we have a situation where the equity is at least zero is the first priority.