Definitely run your numbers and if you are breaking even and living for free/ most of your mortgage is covered, that is a win.

They didn’t ask me I just thought it would be a win win for both and when I brought it up they agreed.

Rich, still thinking the good guys are winning.

Seller is out so can also be considered a "win-win deal"!

BrianI did the same thing here, the extra bonus is the 3% commission you get on the buy side from REO's.

A cash offer that nets $1 less to HUD will lose out to a financed offer that will net $1 more.If you want to win HUD bids, focus on netting the most to HUD:1.

Only $997 plus $14,018 in bonuses :)

At the time of selling, for what ever price I sell it at I return her $35,000 that she invested and again I get to keep the rest.It sounds like a win-win situation.

I don't think he would try and if so I don't think he could win.

The question is people that are predators usually do not have a nickel to their name and want to use an attorney on a pro bono (free until money is won) basis.The attorney will not take the free case and allocate their time if they believe they cannot get the insurance company to pay some money to go away or they will lose in court with a weak case.If you have someone that already has a bunch of money and is not thinking straight of course many attorneys will take their money and file knowing their client cannot win.So suing,winning damages in court,and COLLECTING MONEY from those damages are 3 totally separate things.What court does is suck away time and money and takes away from your productivity in business.You would want an LLC or otherwise just for an extra layer of protection and for tax purposes and business write offs.Your brokerage E and O you would need to look up maximum coverage,deductible,and exclusions in the policy.No legal advice