My problem is after a divorce and some medical bills my credit has taken a big hit arond the 540 mark (ouch) is there a way i can get a bank or any other place to finance this deal for me so i can get my credit situation straight and not have to worry so much next time?

Reality will hit these folks and when it does the best advice I can give to anyone is...

From building a 2 story garage addon to our house (which i have done with only 1 other person.. from the framing to the roofing to the siding to interior), electrical, to computer programming, mechanics (building a 550hp street/strip car right now from the ground up knowing the in-and-outs of every aspect. give me a broken car and i will diagnose and fix it on my own), to multiple investing avenues.

Denver Area Real Estate MapHave patience, their web site is not the fastest.The summary is that low priced neighborhoods, prices under $250,000, have seen declines in values and have been hard hit by foreclosures.

Many times motivated sellers are investors who hit one too many speed bumps so they get forced out before they win.John Corey

I am really more concerned with nutso sellers claiming they were "duped" and hiring an attorney when their DTI takes a hit via a misinformed broker or a conservative lender.

Just wanted to clear that up, there's a lot of confusion out there.That said, I would work on paying down/off the second just so it's not such a big "hit" at one time when sale time comes.As far as going FSBO, it sounds like you've got plenty of time to study up on "how to do it".

Rich,Good post and I think you hit the nail on the head.

Hi John,That is a good question about refinancing and at this time I don't have a solid, clear answer for you, but I will do my best to find out.I DID do a quick google search on refinancing a Condo-Hotel unit, and came up with the following hit from a company in Georgia (Can't post the link due to my newbie status, but I wll quote the info and you can get the site from google search "refinancing condo hotel").******* Begin Quote ********up to 90% LTV and $650K on a Condotel Purchase coupled with COMMONSENSE UNDERWRITING and a FAST CLOSE ... could it be any better?

I will at least have something to have comfort under me as apposed to a hard wood floor (and if you think the couch is a good idea forget it you haven't been with a real woman until you meet one that won't let you sleep on the couch or in the car and tells you to hit the floor....LOL)!