A BK relieves you of the obligation to pay, however that in itself doesnt trigger a foreclosure.

If you don't have the capital to factor these in, you should not be buying rental property . . . sorry to be harsh, but this is one of the fundamental failures of new landlords.

Some of the large builders have recieved fines.I'm considering trigger leads and a auto-dialer.

After contemplating if I shoudl post a response in this thread, here is the trigger pulled.

Stick to your guns and offer what you want to offer.Finding a great realtor or mortgage broker or lawyer is kind of like dating...sometimes you have to go through a lot of rocks to find a diamond.A good Realtor will communicate with you, provide you with information and insight and present whatever offer you feel is best for you.I wouldn't go too harshly on them for showing you homes that may not fit exactly what you are looking for.

Fight it and you won't get another loan like this.Rates and terms are harsh.

This is an attempt to avoid triggering the due on sale clause (which is found in most conventional mortgages)."

Remember, 99% of those wannabes will NEVER pull the trigger on a deal and will be gone in a year or so.BTW, when I lived in a major metro area (Houston) I wouldn't buy anything more than 10 miles from my house.

If your estate will trigger inheritance taxes you should spend good money consulting with a good estate planning attorney.As a rough example, because real estate is considered 'illiquid', there are ways to transfer it to your heirs now, pay the taxes now on a discounted basis with you keeping control, yet when you pass away all the appreciation will belong to your heirs free and clear.

Makes me want to ask, "should I just hold it to my head and pull the trigger, too?"