Charles- I moved to TX almost 3 years ago and lived there for 2 years.

Wow @Charles Lomolino III!

@Charles Roy  no brainer, take the deal, pay the loans off later.

@Charles Oglesby It depends really.

the reason for these questions is to determine motivation and the potential equityequity is what you will be negotiating for if the seller owes $50,000 and he is asking $100,00 you can guess that the potential equity is $50,000 - cut that in 1/2 to be safe and guess the equity is about $25,000 - the question now is how are you going to negotiate for a part or all of the $25,000who are the decision makersWe are here at Bigger Pockets wishing you success and cash flow --  do not get discouraged - this is a hard business to get into and to be successful - take it easy, be careful of the Big Hats out there, have confidence in yourself and study - study - study Charles

To add to Charles Parrish post, you should be a little loud about your deals, self promote.

@Charles Menear Welcome to Bigger Pockets! 

I had a conversation with a manager at Charles Schwab and I was under the impression I could pull the money out and return it within 60 days with out penalty.

Hi Charles,Kind of looking for potential flippers that can get a home rehabbed but also looking at lease option also to have money coming in monthly.Jim

Charles, Elgin, South Elgin, Geneva etc....).