The Bay Area has an outstanding & successful group of investors that get together for meet ups monthly.

congrats Jake...i was following your post and for sure you did an outstanding job of being persistent...I own a couple of properties in San Diego and Tracy in the same situation with losing the value of the my properties...i believe short sale is the key to solve my problem...I am hoping to succeed and be able to move in to New Bern NC...Good Luck to you and your family....FRED

What I can say is that the foreclosure process is to indemnify or pay the lien holder for the financial loss outstanding and not a dang dime more.

Straight from Modern Real Estate Practices(the newest edition)"When a person purchases real state that has an outstanding mortgage or deed of trust the buyer may take the property in one of two ways.

Is my loan officer saying go for low money down because she wants me to pay interest on a larger outstanding priciple so in the long run the bank gets more money or is this a good strategy in general?

Pros: much quicker than conventional, can invest through an LLC, more flexible requirements, no income or personal DTI requirement, no tax returns required, no limit or a higher limit of loans you can have outstanding (not capped at 10 properties) etc. 

The seller wants to assign their performing land contract at 7.8% for the balance currently outstanding on the loan.  

@Jeremy Galloway, this is outstanding.

They are widely known for their outstanding athletics programs which draws national attention at times.

In most instances you need to obtain a "resale certificate" and if there is a fine outstanding you will have to pay or not get the resale certificate.