The intricacies involved in these post-foreclosure proceedings are not to be underestimated.Thank you for breaking this down, Sriv.

I met the association head and he's very stubborn about it.Because of the complexity of your case, it may help to get a professional to give you guidance as to the correct approach.

So we are looking at purchasing a home (new primary residence) but we will be leasing back to the current owner for 120-150 days as the current build they are working on is being finished.I was told if I apply for a mortgage and disclose that it will not be my primary residence outside of 60 days from the point of contract that it will require a larger down payment and a higher interest rate.

We are headed out to Bremerton this weekend to see the house we are purchasing in person.

We really stretched ourselves thin. we did not perform our own inspections because we were busy raising finances .. and our agent insisted we use the same company who did the initial inspections to “get a report in our name” .. we went for visual inspection with our agent and found the master bathtub was  upside down — they said there was a chip and seller was fixing the tub.

If it were as easy as plopping down 50k for 3000k a month in five years it would be millions of people doing it.

I now know I need to raise my credit score a few more points and raise the 10% down payment amount for the bridge loan.

You paid $8M with $2M down 10 years ago.

Honestly I can’t believe you even found a lender that would make you 2 x $48k loans ($60k minus 25% down) and a $94k loan.

, what kind of capital reserves are being kept, what are the contingency plans if the market is down in 4-5 years?