The larger bank reviewed all loans and decided they didn't like the 'aggressive nature' of their loans to us.

He brings the world’s most beautiful and luxurious vacation property, second homes and retirement destinations world wide within reach of the everyday investor and family through education, large volume purchasing power, a strong knowledgeable team and empowers average people to invest with confidence in international real estate.

Owes: $190kEstimated market value in current condition: $150kNeeds: $40k rehab (overestimated)ARV: $200-220kEssentially negative equity here… My natural first thought is to submit a short-sale package with the owner and have them send their lender a signed contract with my proposed offer.

Naturally things come up and may need to be addressed but that is the cost of business. 

We (family and I) have only sold a total of 2 properties and we purchased our first rental property in the late 70s (only one of the 2 properties was sold to get out (beautiful out of state property in Gulf Shores Alabama), the other was sold because we needed the money to purchase a quad plex in Pt.

If they hold interest rates we may continue to see the same in the near term but eventually demand will organically slow down and real estate prices will normalize.Nashville is unique because the area is growing naturally with positive net migration and job growth, but even our great city will be adversely impacted by the fed's decision.

Depending on the nature of/reason for the call, I do have a few various 'scripts' that I'll use.

I think that you will find that there is no one good resource to learn about money management, and that lots of smart people here on BiggerPockets and around the web will disagree intelligently on the best ways to manage your money.I think that a good list of books to begin reading if you are interested on taking control of your money, learning to invest, and having money work for you, instead of having to work for money, are these:1) Richest Man in Babylon (Great for learning basic finance principles - probably the first book you should read)2) Rich Dad Poor Dad (Great for understanding how wealthy people think about money)3) The Four Hour Work Week (Great for understanding the concept of lifestyle design and that Effort does NOT always correspond to productivity)4) The Millionaire Next Door (Great for understanding about what REAL Rich people do with their lives and money)5) The Wealth Barber (A Great step by step look at a reasonable approach for a typical american looking to manage their wholistic financial position)6) The Compound Effect (A Great Book that Discusses the Gradual, then accelerative, then explosive nature of finance, and many other life objectives)Oh, and since you are learning about money - get these books from the library for FREE! 

Picked up items from the free section on CL and turned them into beautiful pieces.

It's beautiful what's happening here.