There is a place for DR and I'm appreciative that he has helped so many relieve stress and gain confidence.

From there, you can continue to learn, build your plan(s) of attack, fine tune what areas of RE you want to go deep in, and frankly start building a career and income that can support REI in SoCal, perhaps the most expensive place to buy alongside SFBA/NY.

., if this is a solid deal and your market's fundamentals are strong, take a deep breath and keep moving forward.

I'd dive deep into how to execute the mechanics of a seller carry note, find an attorney to draft the documents, a servicer to handle the regulatory requirements if she wants, ect. 

There’s a lot to consider before jumping into the deep end of the foreclosure pool at this time.Good luck and stay safe!

The banks can't forbear from what I understand unless there is a time out all the way up the chain, so that regulars can relieve the banks and funds from their obligations for capital requirements and investor distributions ( a regulatory stop on Mark to Market).

I did some deep diving on comps and found some, then presented them to the appraiser and explained my property was a flip and that FLIPPERS DO NOT HAVE A TYPICAL MOTIVATION TO SELL AND SO HOMES SOLD AS FLIPS MAY NOT REFLECT MARKET VALUE - The house got sold for full asking and I never heard another word of it.

And if that’s the “norm” there is a chance this doesn’t go as deep as people think.

@Deep Patel Theres a freeze on refi's and non-QM loans right now as a response to covid.

Lastly, please, please, please don't offer a "virtual tour" that's a series of bad photos crossfaded by outdated software tools with SNL Deep Thoughts piano music in the background.