I plan on calling them up tomorrow, but I doubt insurance companies have an REO department!

For anyone wishing to start advertising on BP (in the proper forum threads), they should have been on BP engaging the members by posting long enough to earn such a benefit. 10 posts is nothing and welcoming 10 members should not count either.I have said it before and will say it again, those that give will no doubt receive, those who want to receive before giving will find a tough go of it.This all is no offense to you Douglas, but an attempt to keep those who are here just to advertise at bay and this rule is just one of those attempts.

Tons of cash buyers liquidating stocks and everything else to jump into the real estate game.Multifamily has both buyers and lenders in a frenzy.Other commercial asset classes in most markets have not hit bottom yet.I hate to say this but 50 dollars is laughable.I wouldn't as an owner finance a deal where you the buyer only have 50 bucks to your name.The odds of you defaulting are very high and then I have to spend a bunch of money getting the property back.I am not saying it can't happen but you are looking for a needle in a haystack.You just won't be able to stack up to cash players or buyers putting 10% or more down to cover the risk of a seller owner financing them.50 bucks is like a tenant wanting to get into a place no money down,no first and last,and no security deposit.Now if you have other properties or assets you have to pledge collateral in case of default then it's a possibility.The fact that you have 50 bucks makes me doubt this.Are you talking 50,000 or 50 bucks??

I really doubt he would have agreed to this had he previously known my PP.

I doubt you are going to closing, so will you be providing the title company/closer with a letter of instruction...if not, you could be in third.

Remove trees, cleaning up the backyard landscaping with fresh landscaping in the back yard (i.e. adding new mulch, shrubs, and removing trees not wanted by client)5.Add new landscaping around whole house (i.e. adding rocks, removing old shrubs, adding new shrubs/flowers, adding new border trim around landscaping)6.Remove/Install Garage Door including garage door mechanical unit7.Remove Fireplace ducting8.Repair Roof and Soffit from removal of Fireplace ducting9.Install Patio in the back of the house; cement or stone depending on clients preference (10x22 feet)10.Power wash and stain/seal deck11.On the Garage, replace several pieces of rotted siding12.Install new window on Garage13.Paint brick to white on the backside of the house14.Add new light fixture by front door and side door15.Take off house numbers on the top of garage16.Replace/repair trim around garage 17.Paint Trim around garage18.Remove/replace door going into garage19.Cut a part of the tree touching the deck20.Remove/Cap gas Grill in backyard21.Replace/Repair broken fence22.Repair siding/trim around new doors (i.e.

Originally posted by Chris Sweeney:1.Stop paying each note one at a time in attempt to settle each note one by one.UnrealisticOriginally posted by Chris Sweeney:2.Stop paying all at the same time and doing short sales on both.Best option, but they are wealthy and I doubt the bank is going to do a short sale without requiring them to sign a note for the difference.Originally posted by Chris Sweeney:3.Continue renting the properties at a loss each month till the market demand begins to recover then offload.Definitely wouldn't recommend this.

I doubt it will help me but it is just funny to me.

Ryan, I have no doubt that everyone on this board has had bumps in their road to success.

I doubt there is a resource that can track a vacancy rate by zip.