McHenry, the guy who brought the original bill to the house floor, further complicated some things by requesting a repeal of the Title III rules in place of a new legislation to make it more feasible to comply with.

It seems like there are a lot of steps, but think I'd have a pretty straightforward case, given that I have court documents they signed that admit they did not pay me, and that it would be feasible to collect from them.

But, if I include it in my HM loan, it adds another 12k onto my losses, and I have to deal with the invoice clearance and inspection procedure to get my rehab funds.If I partner with someone who puts in the rehab funds up front, I can actually save myself some money by utilizing a crew that I normally couldn't afford using the HML system, increasing my chance of making this flip work the way I want, and allowing me to utilize my own funds as a safety net and/or start another flip.Kind of a great deal, huh?

It really means a possibility of high returns along with a possibility of much lower returns and a real possibility of significant losses.

ACV settlement can present issues in partial loss situations also.

You want it where if you suffer they feel the loss just as bad to their income.

I live in the Los Angeles area and there are a TON of different municipalities and neighborhoods here; it's the Land of Endless Sprawl.I doubt it's feasible to be an expert in all neighborhoods in LA, but how wide of a net do I need to cast?

Unfortunately, he's also been dealing with a brain tumor and after adding it all up, it just was not feasible to fix it all and they let the house go.

Either we accept that paper or walk away from closing, then we would loss the appraisal, inspection and credit check fee - around $1500.I sat back and reflect.

So I thought maybe live in this one for 2 years and rent it out for 3 years, same thing with the other one, but with the market peaking, I'm not sure even Seattle is going to keep appreciating, so I'd be speculating, and might be forced to sell at a loss, especially with all the transaction costs.I got two good rentals during the down turn, but prices have risen too much to get into much else in my area other than HOA short sales...