It was still a lot better approach than leaving them bleeding taxpayer cash with the same management team in place - oddly enough, the losses just keep coming 'til the end-times take it all down by "surprise".This one cost the FDIC 4.9B - the heaviest shot to the hull I can recall in recent times.

So, I put the P&I at $8,475, giving $2,775 in positive cash flow.But with 50% occupancy, this thing is going to bleed cash big time.

Do I not bleed?

I think that people should feel a reason to believe in someone , rather than voting for someone just because you THINK you don't like the other guy based on often outdated cliches ..the whole "bleeding heart liberal" label that gets stamped on every single democrat by the Republicans for example.

I don't care where you are, there are absolutely no guarantees of rent growth (nothing is ever guaranteed) so you can't be sure when the bleeding will stop.

What's wrong with simply giving him 30 days notice of your intention to stop the bleeding?

So they would spend a bunch of money pursuing foreclosure which would leave them needing to spend more money to get a deficiency judgement to try and bleed a turnip.

Thank you Bryan, I see you are from the burnt orange city :) love Austin but my heart bleeds maroon

HAFAs goal is to help stop the bleeding with the GSE's by streamlining the SS process.

If it's not oil based, then the water stains you are trying to cover will bleed through still.I wouldn't worry about the wavy ceiling.