That is great for working on certain muscle groups and all that good stuff.

In this case that would be the seller that is declaring bankruptcy so I don't see how it will work.

If you qualify for HELOC and as Josh said, either you or your brother must have that house declared as 1st or second residency.

We tried this, and the Sheriff showed up at his door, forced him to declare his assets, and basically came back to us and said, "He ain't got nothin' to take."

Then the craziness began in 2005 and he had to declare BK.

The percentage of "qualified renters" (by many standards) will drop, as more people lose their jobs, get foreclosed upon, declare bankruptcy, etc.

That may still happen and depends on whether BYU declares independence before Sept 1.

Then declare default and foreclose.

Look occasionally you will get a new asset manager who you can get things over on or they don't care and a few will slip through.The banks and servicing companies don't care about YOU the investor trying to run your game.They answer to the investor who owns the loan.Each servicing company has SERVICING GUIDELINES and protocols attached to specific loans or sometimes pool of loans.They have to follow all the steps or can get sued by the investor.The insurance company on a claim loss can also deny a claim for not showing proof of pursuing less damaging losses to the investor on the loan.Yes the bank can make demands to the seller.The bank can make suggestions and if the seller doesn't comply the bank can also say NO DEAL as they have the final say.Banks can also declare a sale null and void if the hud that was approved was changed at closing or with the title company as it changes the approved net.

Knowing that this is an international site would be all the more reason for me to step up my grammar and spelling muscles.