Due to the negative equity in the deal, if the Buyer ever wanted to sell, for whatever reason, the Buyer would have to either "short sell" or wait until the house appraised for more than the proposed sales price of $446,018.40. 

If there is nothing to be done I focus on lead generation for the marketing firm which has been very fruitful.

When the leading question on their website is "Why to choose" when they mean "Why choose" probably a good sign there is something wrong there.Why to choose between great rates and great customer service?

Shortly afterward I arrived at the conclusion that real estate wasn't for me and stepped back while I contemplated my next move. 

I would like to start with wholesale but eventually lead into rentals of my own. 

Hi Rahul,Is your plan here to get a short-term hard money financing, then refinance out to a 30 year fixed?

First-time poster long-time reader here.In short: My husband and I finally pulled the trigger on our first Flip investment here in the Tampa area.

If you have leads but no deals, it may be a conversion or sales issue.

The assessment process for commercial properties often involves evaluating the property's income-generating potential, which can lead to higher taxes than residential properties.

You will have to reseatch the specifics of your area but in most areas the longer stays need a lease vs. a short term rental agreement.