"Now, if you could hold on for 20 years, your loan balance will be reduced to the point where you could sell without bring cash to the table."

I will cross post this here, as I wait for the official blessing from Josh (and not just a late day quick conversation at the summit) ::Talking to Josh, and unsuccessfully trying it a few years ago, I'm looking to get a local BP networking/round table going... monthly maybe?

If you need to sell for whatever reason, you'll have to bring cash to the closing table.

Also, the property is worth around 450k.The seller would like to JV with an investor that could bring the money to the table in order to bring the loan current so that he can start getting income on the property.

We were playing the CashFlow 101 game on the second day of training and 4 out of the 6 people at our table COULD NOT fill out the income statement sheet correctly.

I wonder how the following would work: Have a roundtable discussion listing certain subjects and invite attendees to ask their own questions to 2-3 moderators at the same time and receive answers from either the moderator/leader or others at the table.

Most of the properties in my area are bank owned and they didn't seem to want to mess with an FHA loan when there were cash offers on the table.

Cash transactions can be closed at the kitchen table; owners title policy is not required by law.

Most banks won't even talk to someone trying to do a short sale until there's an offer on the table.

I have a NOO buyer for the property at the appraised price of 140K, but of course he has to come to the table with 20% down.