There is no way you can live on $1200/mo...absolutely not, unless you were getting social security disability and the wife was working full time...

My advice would be to speak with an attorney and discuss if you can form a partnership with your relative and create a legal situation to achieve your goals.If that is not the case, or if there is not enough time, then Jon's suggestion of a "Deed in Lieu" might be your best option.You made the mistake of jumping into a deal without securing your back end financing.

& to tell you the truth I was wondering what kind of a response I would get from that post.Hence I spent some time considering what I said over the holiday.In my personal opinion in this day & age with so much of our economy based on emerging technologies & securities.

I have steel security doors, but no window bars.Ofgift

You may look at a time-weighted measure like IRR.

Raising your FICO score is like losing weight: It takes time and there is no quick fix.

If I do that, then it becomes a security, and that is a big no no.

In Atlanta, some property owners pay homeless people to live in abandoned homes as a security measure.In early November, Rameau drove a woman and her 18-month old daughter to a ranch home on a quiet street lined with swaying tropical foliage.

However, would be possible if I were to open a secured credit card by applying at a Wells Fargo with an initial deposit of say $5000 and after receiving the card in the mail, withdraw my initial $5000 deposit?

There should be a security deposit, just like any other lease.