i would borrow the money from your relatives and pay off the home and not wreck your credit.your young you can gain 30k back over a short amount of time.Ripping rents and going into foreclosure although plausible wil trash your credit and probably cause you undo stress I see folks have done this over the years.. they blame the bank for their problems. good luck with it.. if it makes you feel any better I bought an office building at the top of the market and sold it on contract it cost me 1,200 a month for basically the rest of my life.. but its my core bank.. who lends me millions so no way I can default on it.. plus the PG would kill me.. the bank helps me make millions so 10k a year is a pittance.. get some funds save your credit and character and pay it all off and move on this is not a lot of money in the grand scope of your life.

I get it that everyone wants to come to the party, especially now with prices having risen fairly dramatically, but sometimes I wonder if the Bigger Pockets room is akin to standing on the floor of a casino where a few people have won dramatic sums in some of the "skills" games (poker, blackjack, etc), and everyone else starts running out into the hallways begging for money to drop in the slot machine so they can get theirs too.Anyway, it seems an interesting philosophical question to ponder, and I'm curious what others may think!

What are the impact taxes in PG county.  

When I look at all resturants except national chains and think about how many have been in the same location for 10 years or more ( stablility) they are far and few between here in Portland. but if your borrower is very strong has cash etc and you have PG's that could mitigate things as well.

Here are some listed for $90k-$110k. http://www.realtor.com/realestateandhomes-search/Plano_TX/price-90000-110000#/pagesize-50/pg-1I think these would rent for $1300 on average.

The pg 22 reading is interesting.

Using parts of the 10/10/10 rule pg. 46 from John W.

@Ryan HowardI'm pretty nervous that I can't see the insideHave you looked through the mail slot?  

@Brian Dalton It sounds like he doesn't have a very strong PG, so unlikely he'll get an unsecured line of credit.

Originally posted by Bryan Hancock:One of the calculations that happens frequently is that someone figures a project return for a project that takes less than a year and then annualizes it.So that time I rolled through Vegas and threw a quarter into a slot machine and got two back wasn't really the 630,720,000% ROI I've been bragging about????