Think i'll go drink some hemlock... just kidding, anyway.. in this situation where i'm not in default, and my mortgage doesn't adjust until 2010, do i have any leverage to try a loan mod to get out of the interest only aspect of my loan.. i'm getting the impression that these lenders will only deal if your in some stage of default.

It's heartbreaking for her and her husband.She can avoid personal bankruptcy if the landlord does not try to recover the entire lease amount (through Dec 2009).

Unless you have a big wad of cash, its hard to avoid one or the other.

I honestly feel that Short Sales will diminish throughout this year and be a thing of the past by mid 2009...there will be all kind of ways to keep people in their homes and crooked refinances offered to avoid short sales after Bailout go through, watch

Quick question, if I sell both properties, how long would I have to reinvest in order to avoid paying the capital gains?

When a client calls our office saying they had to fire their contractor or architect, I try to understand what the problem was so I can avoid a problem client.

Jordan,I think you might see some very common aspects of the Great Depression in the next few years.

If I can answer any questions for you about 1031s or any aspect of investing, please feel free to call anytime.

Lately, the place I've been purchasing signs from have been telling me to avoid certain areas.

The costs will be nasty, but its a way to avoid a lot of out of pocket costs.