It's simply a dud and "terms" won't fix that.Minna - YOU CAN DO BETTER - a lot better!

We are simply having to pass on them.

Bailing means quiting and quitters never win and I want to win so no I'm not going to bail out.

An owners redemption period allows the previous owner to pay off the winning bid and get the property back.

Simply because it's an assumable loan and they don't need to qualify?

There has been horrible accounting as to where exactly the money has gone & I do not expect that to change.In my opinion we are simply debting ourselves into a greater problem.

I may have given you the wrong idea of what is going on here.. the heloc will be used as a last resort only.. the house she's buying because she tried the "live with parents after the divorce" situation and she simply cannot stand it.Knowing that she's got to get out of that situation I'm scared to death that she'll take the easy way out and try to RENT something.

How should you approach that person so theres a win win for both of you?

I could have already rented each of those units probably 5 times over, but I simply won't fill them until I find a tenant that is qualified.

I'm simply taking this course to see what other perpectives are and what people have accomplished.