The big players (lawyers, accountants, etc) are already involved in these sorts of deals.2.

In contact for the purchase of 150 acres of prime undeveloped land in the Dominican Republic with a 1 mile of beachfront.Looking for a JV Partner to come in with $4mm to help close the contract.Plans are to develope a 5 Star Hotel Resort with a pre-sale retail value of $600mm...contact rosemary davis

Makes a lot more sense.Interesting he defaults on a 160k mortgage on a 490k house, and resorts to needing a life boat.

The one I looked at closely (a resort conversion project in Orlando) looks like a good chance of ending up stuck with a property that was a money looser and imposible to sell.I would also be curious to hear other's thoughts on these deals.Jon

I am still not quite back to what I was before, but you would never know.I was more upset that no one from the organization (Cubs) or the player or his team (The cardinals Juan Encarnacion) bothered to even see how I was doing, apologize, etc.So, in a weird twist of fate, and understand I would never wish this upon anyone, Juan Encarnacion was in the on Deck circle during a game this past September and he was struck in the eye with a line drive.

I've looked at this for a number of years, mostly CO and UT ski resorts and it never made good sense to me.

I would ask for 100% financing at 7.5% interest (I would avoid interst only, but if that was a last resort I would take it), with a three to five year balloon.

You either fix it up as best as you can or if you are open to the idea you could always resort to feng shui?

So who is your favorite billiards player regardless of where they come from (philippines & UK have good players)!

Sounds like this was one where the bank had it prices WAAAAY too high and resorted to a commercial auction to get rid of it.