My closing date was so close to this appeal deadline and I'm scrambling to get through this process.  

However, I'm not sure which route is best.Option 1: Equity PartnershipIf he provides the full $230K, I cover closing costs and manage the property, and we split the cash flow 50:50, that would give us each $960 per month, $11,516 annually.

Yes, should be closing on a pool within the next 10 days. 

After all, they weren't making them, that's how they go into the situation they're in now.All they care about is 1) how much cash will I give them at closing 2) how much time do they get to move out 3) how much cash will they get when they move out.After I bring their loan current and make 2-3 payments their credit score increases, anywhere from 60-100 points.

Possibly we could invest for appreciation only if it's close to breakeven with not too much negative cash flow and the upside appreciation is very promising.

With prices the way they are going, I feel people have no choice but to look to those ignored markets.

Closed in mid-March.TDLR; In my experience, the criterias you adjust for after a couple months of just looking and running numbers will help you determine which market might suit you the best.

Pretty close to being priced out actually.  

If you know what you're doing and can stop the foreclosure you'll close a lot of deals. 

I find that it's very rare that a lender will actually close at this amount of leverage because they would typically be putting up a much larger amount of funds than the property would be worth at the time.Has anybody actually worked with a lender that did fund based off of the LTARV?