Anyway at the last minute they agree to sell...lad de da....Next thing they have a lawyer saying that the we DISTRESSED......They didn't know what was going on...WE stole the equity......Alot of ******** to say the least, but they play the system....JUST BE CAREFUL....

Unless you have extensive knowledge and connections with rehabbing, financing, market analysis, and just general real estate investing, I think you are setting yourself up for failure trying to break in to the downtown renovation game right now.For a beginning investor, I would rather you start out with something safe that has a strong possibility of bringing you a quick return rather than play the dice and hope it hits in time, and that advice has nothing to do with being my competition.

We still have a decent down payment, but not enough cash to play the MLS in Denver.

it's just one of those things where buyers like to play the relevance of the "what do you have into it card" when it suits their needs.  

IF you pay him more , the next time he will play the same card on you .

It probably will get redeemed, but it will be interesting to "play the game".Do you invest in these types of liens to get the property, or the high rate of return?

You CAN play the 2% rule in most markets.

Do you mostly play the Sec8 game?

I am going to play the devils advocate here It seems by making the property available for rent during the time they were under a paid up lease is a violation of their rights.

MLS and play the numbers game.2.