Given their poor execution, I asked him what would it take to cut the loses and pay the principal back and he said it would result in 50% loss of principal.

The real estate market has evolved a lot in the last few years, with more real estate investors making it more competitive and interest rates cutting severely into margins and also slowing down buyer demand (when trying to get out of a property). 

You may want to contact Elite directly and cut out the middleman.

The only thing that keeps me from owning a house for my personal use is the baggage it comes with like maintenance, time and overhead costs.But I understand It'll cut costs and is something I should really think about.Thanks

Its not usually cut and dry so more of the story would help.

I’m also glad the FCC is cracking down on robocalls for lead generation; it forces people to commit to real prospecting instead of cutting corners.Over the years, I’ve run a solid brokerage team, training agents and now I help people get into wholesaling.

That is like trying to sell a tofu burger to an animal rights activist having to disclose that the building attached to your tofu burger joint is a slaughterhouse you also own where they slaughter baby cows, and using the exact knife that slaughtered the cow to cut the tofu.

It may be time to cut your losses and move on from this real estate. 

Where any broker will take you since you give them a cut from your commission or pay a fee per transaction.

Unfortunately, my service was cut short due to an injury during deployment, which required spine surgery.