I'm in major need for some guidance.

I usually due majority of our contracts.

It sits 4 blocks south of the Texas A&M campus on a major thoroughfare.

A major disaster happens when they hold it too long and overall development passes it by.

As soon as you have a major expense (roof, furnace, AC, major tenant damage, and lengthy eviction, etc., etc.) you're going to be seriously hurting.

The banks are NOT going to make major principle reductions, nor are they going to adjust people to lower rates.

While I agree that under certain circumstances this may be true, paying cash for a property can have major advantages in time sensative deals.

One of the major pieces to your short sale puzzle is being able to prove to the lender that your homeowner has a "hardship" that makes it impossible for them to make any more payments.

My advice is:* Have you USP (Unique Selling Proposition) to Sellers be: I can close in 5 business days,* Have PLENTY of Tenant Buyers before you buy the houses* Get ONE major player for a business partner.

There were a couple major changes about 1910 that lowered prices, then again after WWII that brought them up.