If you have the resources to jump into wholesaling and can make it work, more power to you. but, a college experience is valuable too, both for your emotional growth and for a degree to fall back on.

Do not get emotionally involved.

I thought the problem was deeper than that from your first post.

I'm not going to get emotional about this here because he was a southern Illinois german protestant and we're not about emotions as much as we are the end results and what can be learned.

This is why a good Foreclosure Atty is imperative, there are deeper problems with this particular REO and the Bank will probably have to reforeclose which sucks for everyone.Sometimes its the county who is slow though.

All she emotionally hears is, "... worst case this money we are putting away each month would cover ..."

Now the REO's can be discounted quite deeper.

In most cases they are not emotionally tied to the property (although that is not always the case) and they are much more open to talking about the property.

So i figure i'll finish school in the next 2-3 years and start trying to get deeper into investing after that.

If the banks decline the short sale, my friend and i are thinking about just walking away. we're both braced for 7 years of bad luck and see it as our last but acceptable option... we're not all caught up in "loosing our home" emotions because we want out.