You can short pretty houses also, but you need the balance of comps.

As a followup to my initial post, the costs will not inhibit me from setting up properly - I'm more concerned with the most advantageous setup that provides the most benefits... even if it costs more.

There have been some comments I have read on forums about lenders stating that they will reconvey the security instrument only - and consider the note still collectible for the unpaid balance.

Biggest issue right now is understanding how to access capital and how to properly analyze properties.

As a proper business, that utilizes credit information to make financial decisions, you pay business rates for this information.

Let alone the liability issues and tax issues involved.As always, talk to an attorney about the proper entity structure for you.

They will want your loan balance to be under 80% of the original value, or will want you to show you've made improvements that have increased the value.

Why take a haircut on the loan balance when there is someone willing to pay more?

It does not sound like you have done much homework up to this point.I do not know Miami but I have been reading that the city is very overbuilt when it comes to condos.Second, the rental guarantee is only as good as the developer's balance sheet.

A modification typically involves a formal agreement whereby the arrearage or portion thereof is added to the unpaid principal balance.