Unless your crystal ball is calibrated precisely or is a newer model than mine rent escalators, inflation rates, zoning changes, etc. are all GUESSES and thus a more complicated analysis is dubious at best.

Or you can also go out there and find a cash buyer and then just make a $5-10k wholesaling fee.Also, if she is so far behind, then $45k is a more realistic offer if that.

In this current credit crunch, many lenders would be happy to lend to people who can put 50% down payment... they present very little risk of foreclosure and this means you have a more finance qualified buyer.

Whether that investor is willing to hold until the current tenants can purchase is up to that investor.Two is to see if you are in the position to catch up with the default amount to stop the foreclosure for now and then re-start the short sale process a few months later when you find a more qualifying buyer.

Now, I'm sure bankers are just as susceptible to the telephone game as the rest of us, so perhaps this is a more limited guideline that's being applied overly broadly.

These services, if you are interested, include Clarity Accounting, FreeAgent, Outright, WorkingPoint, etc.For a business that needs a more complete accounting solution and yet remain simple, the choices are Xero, Saasu and Kashflow.

THerefore I still haven't filed my return but based on what he said I don't think it would matter.My question to the BP world is, do you think this lender might be making this regulation up so that he can switch me over to a more profitable conventional loan?

Get your inspection done, call on the for rent signs and go visit a couple places to see how yours compares, then you can make a more accurate estimate of the rents you can expect to receive.

Hi Chris,I see that there is a more detailed plan and a solid dose of reality behind your long-term goals which is great!

Investors will also return once pricing begins to flatten since most of us do not want to try and catch a falling knife.So, to answer your question more directly, this is temporary and short sales will again be a more viable once again.