I would however, like to move my business to california after I get done establishing it here.

If there is a court order to lift the BK, then it is back to game on.Start the short sale process.

My best advice for getting the best deals...close quickly and cleanly with a reo agent in your area to establish rapport, then make it loud and clear you are ready to play.

They would want you to have some skin in the game.

Either option is good, just get in the game.

But I do know that if you keep your oldest credit card open to establish a longer credit history, and pay everything on time from now on, and keep your revolving credit line balances low, and don't open a lot of revolving lines of credit, you can have extremely great credit in about 5 to 7 years, higher than 741.

Heres the order i would consider: buy it, replat the property into several parcels. rehab the house and sell it, thus establishing a sales comp for the other parcels.

Thanks Mike, see this is why I post here and have realized the value of "experienced" investors rather than the "Outsider" looking in thinking they know the game.

I have been out of the Real Estate game for about 6 years and I am now with Keller Williams.

Hello all, this is how i spend my days(Phase 1 get my mind right)- Pray- Meditate - Exercise & go Jogging - Take a warm shower (while listening to relaxing music)- Eat a good breakfast(Phase 2 take care of business)- Check and respond to both my email and voicemail messages- Check to-do list, and complete any items due that day- Scan through that days top real estate news articles- Do a little networking through various real estate groups & forums (mainly for: education, finding deals, and building my connections) - Do at least one thing that day that normally makes me feel uneasy (I work on conquering my fears by doing them) (Phase 3 relax)- after all this, I put anything new on my to-do list to complete for the next day, then I either read a book, hang out with friends, watch a movie, or play video games.