If you prefer not to do that, you could order a "drive by" appraisal from a local appraiser.Ultimately it's all up to the bank to accept or deny the offer.

I'm not in a position where I "need" to go back to work....but I am kind of bored and I've always been involved in community projects, scouting leader, coast guard auxilliary, pheasants forever, etc....

I am a 30 year veteran of distressed SFR investments.I have been approached by some individualsthat want to create a fund not LLC and then buy distressed SFRs in specific areas on the East Coastpossibly Atlanta > I saw the topic on that AtlantaLLC > and I find it very hard to believe theyare giving a 25% that quickly.I am older and retired and most likely will passAnyone here been directly involved doing thisyet?

I know it's probably not the common "investor" way of thinking when looking at a home, but I could see myself living in this house so I got emotionally involved in the place (DOH!).

I happen to trade currency instead of stocks for a variety of reasons...BUTI agree that it's good to be involved with RE AND trading.

Is this feasible or is there to many legal issues involved.

This involves assigning contracts, or double-closing, if absolutely necessary.

I made a short sale offer with him on one of these properties, but the bank ended up foreclosing.With some research, I found out the bank involved, called them, and was put in contact with the new listing agent of 1 day.

My local credit union denied me because of risk in the property (purchase price way below tax value).Anybody know where I can get a HELOC on investment property, with minimal seasoning requirements (purchase was 1/20/09)?

They will most likely deny the claim from the bank and so they aren't out anything anyway.