I currently own 2 commercial and 1 residential, a 7 unit / 2 commercial storefront property, a Laundromat facility storefront, Then a 2 unit multi family that i am house hacking.The purpose of the this post is that i want to meet ALL investors( pro or just starting out) in New London County to know each other and learn and talk about real estate, want to create a great network of people in this county.

There is a lawsuit against them as a number of people were in the same situation. 

Many people do this and as long as they keep paying the lender nothing happens, but just understand your risks as they may be able to call the loan for whatever reason.

Its worth having your brokers license if you want to make money helping other people buy and sell.

@Itay Heled  I haven't but I know some people have mentioned ALE solutions.

You will certainly gets lots of different perspectives from the forums and most likely multiple people will have experienced a similar situation in their investing journey!

Quote from @Jared Leggett: Quote from @Corey Conklin: I know that moving away from home isn't what anyone really wants to do but in your situation it would absolutely change your life, financially (and for the better) if you left.Again, I don't know your situation but I can tell you that a sanitation worker in a small town in Kansas (town of about 12,000 people) makes more money than you do living in NYC.

The Metro Detroit MSA is about 4.3M people and the City of Detroit is only about 600K. 

I’ve actually had a number of people exercise their option and get a loan and buy the house.

Well, there are two colleges nearby, Delta State and Mississippi Valley but they are about the poorest 4-year public universities in the state and most of the people that go to them are from the Delta.