The key to the loan is two or more properties are pledged or cross collateralized as security to the loan.

When I bid on this place I had no intention of flipping it, so I guess I'm trying to run best guesstimates to determine if I can cross this off my list, or keep flipping as an option.

With seeing that, I expect some kind of blanket loan, or cross collateral, or substitution of collateral to be in place.

Sounds like you have multiple cycles running in your area so as the roller coaster reaches the loading platform - you can get out of one ride and get onto another at a more opportune investing point of entry.

I am nearing a cross roads where decisions must be made about how I will spend the rest of my life.

At the end of the day you should definitely sit down with a cross-border specialist.

I'm a co-founder at Rentobo, of a technology platform for real estate investors and landlords of all sizes.

I only worked for two companies during that time so that allowed me to cross-train in all the different departments such as Searching, Customer Service, Policy and Prelim typist, Escrow Secretary, Receptionist and Title Secretary in the first company.Then I was recruited by a Sales Rep who opened his own company to set up his Word Processing Department where we used Display Writers (that should give you an idea of how long ago that was!)

I moved to La Crosse WI and will be flipping there.Good Luck and please share your experiences!

Fingers crossed for you though.Side question - I'm in a situation similar to yours in that I am looking to invest somewhere with better returns.