It's easy to see which candidates are capable of sitting down with the other party, and having a debate of ideas and coming up with solutions, rather than causing division in a battle of egos.

I battled it for years.

When he fails to pay again, you have a legal battle, Civil court would be your only recorse, that take lot's of time and lot's of money.

Did a fixer-upper, then questions about compensation for labor, then wife battle each other, then friendship lost.

If you can win the battle between your ears, your most of the way home.

thank you both for your wise words, well anyway i guess i'm just so anxious to do my first deal. especially a deal like this were the homeowner is in distress and states to you how much equity is in the property (i know i'm a beginner, but i don't see how he'll benefit by lieing to me about the amount of equity in the property, because he already stated he doesn't want to sell the property, and i already stated to him i'm gonna view the property/mortgage paperwork)well anyway i must say i agree with you both, from first look it seems the best way to do this deal (thats if all the number are right) will be to purchase the house for the amount left on the mortgage, and give them moving cash and etc (this way i'll have alot of instant equity within the property, which i could either wholesale to another investor or put it on the market at a small discount and sell it retail because of the properties perfect condition, then i could even try a short sale to build up more equity to make the two above tactics more profitable for me)now the only tactic i can think of that would work, were they will get to stay in there house and will be profitable/beneficial to me as well is to then purchase the property real cheap (whats owed on it) and offer to lease option it back to them at a higher interest rate and at a higher property price, but i think this tactic will be risky with this individual because of his credit and the nature of work he's in (construction were some parts of the year your without work and tring to collect unemployment) so this is what i plan on doing, i first plan on putting together a list of questions i must get answers to at the tuesdays meeting i plan on having with them, then i plan on explaining the whole foreclosure process to them and the uphill battle they face (which i hope will change their position about not wanting to sell their house under any cumstances), then i plan on making a smooth exit and letting them know i'll be back in contact with them to let them know what i think their best solution is to solve their problem (this tactice is to buy time, so i can really cruch the numbers and speak with others to really figure out the best win-win for everyone, thats if their is a deal their)if anyone has any other suggestions please let me know

I have battled back.

My situation is that I am currently involved in a major legal battle and need to reserve my funds to be able to deal with that.

I'm pretty sure HML is out of the question due to higher int rates and length of time needed.I know it's a bad time to be hitting up the banks for loans and that I'm looking at an uphill battle.

Do you have good cash reserves and credit that would allow you to actually fight this battle?