But if they would eat some of it, and give you a loan for the rest, you could at least stabilize the situation.What is the hardship?

Yes they are to blame for trying to live above their means, but when you dangle a steak in front of a hungry dog you should not be surprised when he snatches it out of your hands and eats himself sick.I remember sitting in meetings where companies would trying to think of the next way to leach money out of people they know they did not have it.

$20K equity in a $200K property isn't really any equity because if you sell closing costs will eat up almost the entire amount.Its unlikely you'll be able to borrow this equity.

For 3500 this guy will just walk if he can't purchase, and from what it sounds like, he's probably eating into his savings also if he is paying the 900 and his mortgage.The problem is that the two parties have 3 houses (one too many).

Can you imagine folks not having enough money to buy the food they are used to eating (meat at every meal with dessert)?

The trial lawyers would eat this one up.

Taxes eat into that, which I've basically never had to pay, greedy litigators, crooks etc. cause wealth building problems..

I'd like to go via mls, but the commission will just eat away profit.

I'd like to move to Santa Cruz James, I bet Tim thinks you and I should get together and eat some pot brownies.

In syracsue since the houses are mostly 80 - 100 years old I find that maintenace costs eat cash flow the fastest so be careful estimating that number.