I'm in this dilemma and cannot decide what to do. I'll try to quick and precise.

2 years ago, I went Bankrupt with the intentions on reaffirming my home that was underwater.

I owed 120,000 and the home ...

You can then either attempt to collect payments or foreclose on the borrower to enforce your rights as a lien holder.

They do finance a lot of deals yet my experience with them has been very rocky, I have not closed a deal with them in 3 attempts.

I did get a house with a partner for an attempted flip, but the market didn't allow a flip.

Most owner financed properties are investors who buy, fix, and offer owner financing in attempt to sell the property for a price above market.

My second attempt was me putting in an offer for another 4-unit property(in an OK area) but was rejected because "The banks decided to send the property to auction considering they have been receiving a lot of activity".

Or, I was wondering if I should just stick to renting it out and not attempt to do the lease option.

Certainly, the first could payoff the second and not have to deal with it however I toss some caution out on that matter as most security instruments and notes will allow the Mortgagee to advance on behalf of the borrower and the borrower then owes the advance made, but if the Mortgagee runs out and just pays off a lien and the borrower contests the amount advanced, especially if any interest is attempting to be added onto the advance, may have issues if the lien didn't truly infringe or encumber the first liens ability to enforce and collect.

(she no longer does this and made attempts to bring value to the ordeal, it didn't work and she no longer does it, not a swing at her)If you don't want to share that information, no harm no foul, just thought I would inquire.

Not only am I concerned with the acquistion price, I'm also concerned what I can get when I attempt to flip the property.