I compare it to a rental car ---- "I don't own it" --- LOL!

Or they will withdraw and your decision will be clear.I think selling property to buy a nice new car is financially irresponsible.  

He does carpool as they only have 1 car, but he mentioned not getting a second car because the financing was too much until their current car is paid off because of his poor credit.

Why - because you can have your title company send all the letters you want to the short sale lender stating they can not insure this transaction, but ultimately, Bof A will tell you to go take a long walk of a short pier.While they have no legal grounds to stand on, they get away with it because A) the title companies will not insure and B) they DO have the right to NOT accept yoru short payoff.Your real options are to get your attorney involved and threaten lawsuit since they have no legal gronds to make these ridiculous stipulations.If I sell you my house or car, I have no legal right to tell you that you can not re-sell it for a specific period of time.

@Mike Newby @Michele Sidney @Cary Beadle @Raquel Doheny @Ozzy Sirimsi Thank you so Much for the kind words!

From my perspective I told him that if I were just to be rich, I would not have done house hacking, live frugally, and drive an old car. I

If you could please reread the thread more carefully, you will see that I actually supported your suggestion on the police car. I

I can buy the car, I can't drive the car home however, to remedy that you could drive it home for me with your insurance.

So, that door is closed already.I'm not a CPA, but wouldn't I be able to 'buy a car' and then state that the car is for real estate use? 

The Chevy is an amazing car. I