I an currently in financing, I'm an assistant branch manager at a financial institution.

Ok, I'm wanting to get into buy & hold but either I am at the state of 'analysis paralysis' or I am not really financially ready to do it.  

Almost all short sales forgive the remaining balance, but the owner needs to "qualify" for the short sale due to a financial hardship, not simply just being upside down on the mtg.

Lots to learn, but this site is an excellent resource.

Likely they will stay below 5% for the next 12 months and depending on the Presidential election and who gets elected, they could stay below 5% for considerably longer.Eventually in 4-8 years, they will be back to 6-6.5% which is where the financial system hums right along.  

Consult your financial and legal professional(s) - I'm neither.

@Cheng Bin Zhang, I'm glad to hear from you.Thank you for the resource, I will be sure to check it out.I'd love to chat with you as well, at some point.

Currently I'm a student at CCSF perusing a broker license and financial degree.

Together we hope to reach personal financial freedom.

Meeting other member online in a variety of backgrounds is a great resource.