Now you have to do very well to recover...and the muscles you develop from running with anchors on your heels will only serve you to perform GREATLY once the anchors are gone.

* The investor buyer will not occupy the property.I could lie and state that I intend to occupy the property, but would prefer not to take any chance that my realtor might be putting her neck on the chopping block if this is the case.

But, our median price range is $250k-300 and we have a strong luxury home market as well.Hopefully that gives you guys a better picture of what is going on in my neck of the woods.

Some forums I have found are not oriented toward REI or are not very well participated in (or frankly, the moderator isn't hammering on the personal attacks which makes you not want to stick your neck out with your personal opinion).I have used a password tool for many years and recently had to upgrade when I went to Vista.

I actually lived in your neck of the woods for a number of years (Tacoma, WA).

Also, many people refer to it as the "Red Neck Riviera."

Plenty of investors on here from your neck of the woods, so you'll be able to get some accurate local advice.Glad to have you here.Good Luck,Jason

No prices like that in my neck of the woods.

but last time that happen it was apain in the neck so I was thinking this is good. so this is what he give me.I plan on wholesaling this deal for 10,000. single family residential:2 story 6 bedroom 3 bathsqft 3720 FMV 560,000 loan 80/201st Lien Amount Due 09/01/2007 as of 08/30/2007 $4,163.00After Sep 17, 2007 late Payment $4,352.23Principal balance $434,173.862nd Lien Payment Due Date: 12/18/07 New Balance $152,567.88 Minimum Payment Due: $7,008.70Past Due Amount: $5,714.56

You can still pull out the equity and leverage yourself to your neck if that's your liability avoidance strategy.