It should be fun to see how this pans out! 

yea, i've been finding that Auburn area and occ renton/highlands have had some interesting properties, however, none have really panned out over the past several months.  

There's no 'T' in Minto!"

If that pans out check the property out for all the maintenance issues..roof, furnace etc...if it needs everything... might be overpriced.

They will do what they perceive is in their best interest which may or may not make sense to us and may or may not pan out for them.  

On the last day we sat down and was offered a SECRET(I was told to keep it to myself and not let any of the others know of the offer) scaled down version maybe the Tin Can version instead of Gold for $15,000.

Originally posted by Tin Lam:Does anyone know if you as an investors can borrow more than 4 loans now?

I also understand that the asset could go back to the ownership of the investor, thus becoming a REO property and then have it's own set of issues, depending on how the foreclosure action pans out.

Same with the Tin Ceilings..

Move forward and start collecting new money on a better tenant.If you do pursue it, it would be great to hear how it all pans out over the next few weeks.