Granted it had more of a chance in bouncing back but the same concept applies...

looking for options....The notes have not had payments since 2010, and they've bounced around from one company to another since then.

I would love to meet with local investors and learn how they run their business and maybe team up to bounce ideas.

We did still get very good gains on the property by allowing it to bounce back and then some, but the years of stress are so not worth it.

That is a philosophy I'm working to adapt into, and bouncing ideas off of you is a great way to get there.

Hello Everyone,Wanted to bounce back a deal analysis which I am working on...Purchase Price - $150,000Closing Costs - $6000Total Acquisition Costs = $156,000Rental = $15,600 (1300*12)Vacancy = $1560 (10% of Rental Income)Total Income = $14,040Annual ExpensesTaxes - 1200Insurances - 1200Maintenance - 1560 (10% of Rental Income)HOA - $65*12 = $780Total Expenses = $4740NOI = $9300Mortgage = $7312 (4% ARM with 15% down-payment)Cash-flow = $1988COCR = 7% CAP Rate = 6% (9300/150000)Now I am acquiring property for a 10% discount based on ARV using the comps from MLS (0.5 mile radius, similar type and last 6 months duration).

I have all sorts of thoughts and ideas and how and what to do, but no one to bounce them off of so I feel like I'm stuck and am honestly very leery about jumping in the pool. 

Usually a crisis gives a bounce to the Pres. happened with Carter too but it didn't go well for him.

He said if they break it and its bounces back there could be a significant bear rally.

Bounced around while I played ball but now I'm here permanently.