I can't think of a bigger drag on our economy.

Stay tuned to the next episode of Dragon Ball Z!!!

I've been trying to think of the best way to slay this dragon.  

This came about as a result of multiple lessons learned early in life.Now, with that said I am in agreement with the other early contributors to this thread, regarding your deposit of the funds in a short timeframe prior to the loan processing.Additionally, you need to sweeten the tentative payment plan and not have it drag on for eternity to repay your parents.Don't assume that they have nothing better to do than lend you their hard earned money for an extended period.Put this transaction in writing, so that your feet are held to the fire and there is no misunderstanding later if it's done verbally.Lastly, on the other hand, what if they say no?

Looking forward to our first networking event on April 19th at the Green Dragon at 6:30pm in Portland.

Being out of state I would need a property management company, does that kind of put a drag on the process?

Capital reserves cost moneyCapital reserves for a portfolio property are a drag on real returns.

The borrower is at the same place they were before, arguably in a better place because they've had somewhere to LIVE over the past few months/year.This process creates ZERO drag on the US economy.If a bank with bad policies lends to three million people, then the US economy is HURT, your ONLY allowing for exactly THAT to happen with this act.Reword the document that small lenders can sell THE PROPERTY THAT THEY OWN, without any of this red-tape.

Cash drag is a really drag on long term returns.  

David, it's not uncommon for short sales to drag on long enough that foreclosure occurs.