I sent out some e-mails and made some calls and got an affirmative response to an option for mortgage workouts (To FDIC and the Treasury) A couple weeks ago I spoke to a Regional Bank Pres and the subject came up and he indicated that they had already done a few loan mods in this manner and expect to do more.

If you do, the numbers work out break even at best.

Daniel - You need to work out the cash flow for this property.

Hello,I've narrowed my search down to Las Vegas and was able to work out a loan.

Scott in this scenario, how does the re-list work out?

I still want to talk to them to see what is up before I purchase the note from the park owner.I told the park owner that if everything goes well I would like to work out a deal where I would be buying a note or an existing trailer each month inside of the park.

Ok folks - while I'm still trying to work out the final form of this, we're not going to be doing any "Live events" any time soon.

Goof luck and I hope things work out for the best.

Please continue to weigh in...I do appreciate the input and will continue to consider various approaches to see if this will work out!

You know, even if you can't do a contract for deed, you can talk about them, I could say ...maybe we could work out what we use to call an installment contrcat.