You will ruin your reputation among the bank REO agents and it will become hard to do business with them.5.

Their credit will be ruined, but being below 500 their credit is already dismal.

At this point in time, I am not paying any property management fees because I bought the properties from him, but I now realize that this probably encourages him to be more relaxed about the whole thing.I am currently out of state, and just had a baby 3 weeks ago, so it's not like I can hop on a plane to replace him quickly.I would like to maintain a good relationship with the property manager, but how do I let him know that I want to replace him without ruining our relationship?

Then you say taking out 16% ruins the deal the for you, but in the same paragraph that 16% is not actually enough to cover much in the way of expenses!

That ruined my cash on cash return, but then in my second year (which is beginning now) I won't be spending that money again, so will my cash-on-cash return go way up?

It can ruin a relationship, so make sure you go into it with a clear written understanding of all eventualities.

Last year we put down a product for melting ice and it ruined our sidewalk.

@James Hamling I know my man.....I am just so p*ssed of at the Cali idiots for ruining that once beautiful state.

You can inform the debtor that you intend to ruin her credit by reporting the judgment to the CRA's unless she takes your settlement offer.If none of the above work, then you will have to report the debt through a third-party collector or through an attorney.

I'm able to pull my money out but the PITI with the new mortgage payment ruins my cashflow.