Even if you need a little extra on top of what you get from the proceeds of the lots you should easily be able to get a bank to do a loan at such a low LTV even if your DTI ratios are a little high.

If the frame is good, you might find someone that will pay extra for it after you strip the rest off.As to seven foot ceilings...you need to see what your local codes say.

However, as I said before it is smart taking extra care when you go behind other people's closed doors.Typerider - fyi, baseball bat is about all you're allowed in the People's Republic of Cook County.

It was schedule to begin foreclosure on April 1st but has been given a little extra life by the owner.

Your seller sounds cooperative, and very well should let you review the financial data to make sure his expenses are accurate.

So if you already have rental properties under a managment company, let the management company handle your 32 extra properties until you can sell.

Please take an extra few seconds when posting so people don't have to work so hard reading what you have to say.What do you think?

I mortgaged 72k and with taxes and insurance my payment is $797/month.Section 8 pays me $1186, but I wanted $1300, so I made a side deal with this lady, as alot of people do, that if she wants the nice place, she is gonna pay me the extra $114 on the side.

It won't cost you an extra dime to have your own agent, and he or she will be on your side.

Looks like a short sale is the only way to make this work for you.Just my opinion with the data provided.