If she is in the last 10/15 years the wrap financing can make up for something, like servicing or management if that were necessary.As Steve pointed out she gets very little from a short sale, funds to move out I believe, zip, and you'd need a buyer, not a L/O.

A friend asked this of me a few days ago and since I don't do LO's I didn't have an answer.

Do you realize that with a LO if the buyer had to pay all allowable closing costs via FHA they most likely wouldn't have the funds to close?

In a L/O, the seller retains the tax deductions until it's sold.

Hi everyone, I'll make this short and simple, anyone know where to come across L/O contracts out there that are the most acceptable?

As far as LO's, I've answered some questions of those here on BP, so I think you can search for them on the site.

We have a property in Vegas we are trying to L/O and no bites.Bernie

I'm happily earning 15% on my money.I'm considering a joint venture opportunity on a L/O of a duplex with another member I meet at a club meeting.A short sale I signed up last summer and the bank accepted was purchased as a rental unit by a club member.I'm putting together a joint venture opportunity with two other investors I met at the club meetings to market for property and sell wholesale in a specific area.

Local Market: SacramentoState: CAStatus of current housing market: S L O WInventory levels at record highs for 4 county area...Here is an interesting site that tracks the bleeding ....

You sandwich the deal in a 2 year L/O. 1 Year down the road the buyer bails out of L/O contract.