So the amount of equity for you to recover from is fleeting.  

And if they do, it's generally what's called here, the Final Judgment amount which is the outstanding loan balance, interest, legal fees, etc.  

Bigger Pockets- Bigger Pockets is an outstanding way to find and network with cash buyers.

The subject property is currently listed for sale The existing mortgage is a “restructured mortgage” Transactions in which a portion of the proceeds of the refinance is used to pay off the outstanding balance on an installment land contract regardless of the date the installment land contract was executed.

I agree with Jeff, except it seems, according to your example, that your outstanding mortgage would only be $80,000 (since you put $20k down.).

The subject property is currently listed for sale The existing mortgage is a “restructured mortgage” Transactions in which a portion of the proceeds of the refinance is used to pay off the outstanding balance on an installment land contract regardless of the date the installment land contract was executed.

What Every Real Estate Investor Needs to Know About Cash Flow- Outstanding math review.Every Landlord’'s Tax Deduction Guide- Must know your tax benefits and liabilitiesThere are many more out there, but the ones above provide a good foundation without RPDP fairy-tales.

I have a very strong and successful background in Real Estate, Fleet Renewal, Visual Merchandising and Entertainment. 

Can upset price be more than the outstanding loan amount (judgement amount) ?

@Dillon Loomis, Outstanding to see you not only on BP, but in a similar situation as myself and similar goals!