For several years i took care of my elderly neighbors lawn care for free, because it only took an extra 20 minutes and I could.

Hi @Shelby Elder!

I’m no lawyer but I’m betting any sane person would call this elder abuse.

Add to that a basically exploitative model based on stealing equity from uneducated or elderly sellers I would argue this whole business model needs to made illegal with no ambiguity.

From what I can gather, the seller is elderly, underwater, and needs to get out as clean as he can. 

I need to rest at night and feel that I have done something good and not took advantage of the elderly and those in need.  

The seller is in the process of relocating the current tenant, who is an elderly disabled lady. 

It's supposedly the best building in the complex, and all-in-all fairly clean, attractive and safe.Situation:There are current tenants, a family who has been there 7 years who do not plan to leave (his elderly mother lives next door).

As I said, the seller is in a distressed situation and really pressed for the funds to take care of elderly parents, who are the original owners of the property.I was told by a reputable bank in my area that handles land lots loans, that I don’t have enough liquidity and I would need at least $100k in my bank account to move forward.

As I said, the seller is in a distressed situation and really pressed for the funds to take care of elderly parents, who are the original owners of the property.I was told by a reputable bank in my area that handles land lots loans, that I don’t have enough liquidity and I would need at least $100k in my bank account to move forward.