Has anyone gone through this process with HUD or should I take my losses and move forward?

They're requesting information from real estate investors on how this can be best accomplished with the following goals in mind: * reduce the REO portfolios of the Enterprises and FHA in a cost-effective manner; * reduce average loan loss severities to the Enterprises and FHA relative to individual distressed property sales; * address property repair and rehabilitation needs; * respond to economic and real estate conditions in specific geographies; * assist in neighborhood and home price stabilization efforts; and * suggest analytic approaches to determine the appropriate disposition strategy for individual properties, whether sale, rental, or, in certain instances, demolition.

I knew about rent loss rehab before starting and prepared for it as an expense.

Currently I'm THIS > < close to cancelling the deal and if I have to take my losses on the deposit I will, but at least I won't be stuck with who knows how much to pay off to someone else that may have an interest.

I think I will get many of my family members to come together to try and help him recover the loss.

Here's how I see the first deal:Gross Rents: $1,000Operating Expenses: $500NOI: $500Mortgage: (30 yr, 7.5%, $139,000) $971Monthly Cash Flow: $471 LOSS (OUCH!)

All too often, that comparison shows a net loss because the appreciation has been less than the interest rate.

just to put it in perspective, when the us had the great run to the quarterfinals in 02, they came out of their group with a win, loss, and tie i believe.

Now nine other families are dealing with worse than a job loss.

I hope the rescue operations are run well and the loss of life and the suffering of the people there is minimized.I also hope the government of Pakistan will focus its efforts more in the future on the betterment of its people than in fomenting terrorism in Afghanistan and India.And, looking at the aid graph, it seems that the U.S. is by far the largest aid donor to the flood victims.