Purchased for 57K and and trying to unload it!

Suddenly you'd be in way over your head and may be forced to unload some of those properties or go through several costly refinances back to 30 year loans to try and free up some cash.Now, that will most likely not happen, but it surely has to someone before.

I could not envision it will take 6 months to unload a property. 

For material costs, I haven't found better than lumber liquidators (someone let me know of somethign better if you have it :) ). 

I have 5 homes that I am looking to unload as a packaged deal.

I'd like to contact them to see if they are thinking of unloading the property.  

For a rental no problem - let us know if you need to unload any.Andy

They are betting that this market will in fact materialize and the funds that bought early enough (before this market exists) will be able to either unload at lower "risk free" caps and/or sell back into this new market where inventory is perpetually lean and prices high.

That is what I was thinking . . and to my knowledge he is not trying to unload them.

Except for the laminate which we purchased at Lumber Liquidators on a 24mo 0% interest deal we are doing everything out of pocket...