How would that work for the following issue:Purchase Price $1,450,000Rehab work need $250,000Rent currently $550 per unitNew Rent after rehab $850 per unitCompetitors Buildings built I the last 36 monthsMy potential purchase building built 1965 21 --> 2BR/1BA unitsThe more modern properties in the area, that don't have as great of a location, are getting rent rates of over $1000 per month in some cases.Let say terms 21 yearsWhat would the Income Approach ?

I came up with the same solution as Chris.Better to be a good neighbor and increase the value of your property than take the "divide and conquer" route that HOAs and other "complain to the authorities" advocates encourage.

The solution for us at that time was to not use one of the larger lenders mentioned above.

If you invest in stocks, what I suggest is to follow modern portfolio theory and use ETFs to compose the portfolio.

I want to be able to offer solutions to these motivated sellers, and not leave a bunch of money on the table, or throw away deals....

I know the investor doesn't want this house back...I want to work around Ocwen & get reach the investor to arrive at a suitable solution!

I also agree that BK is not a one-size-fits-all solution and that attorneys who only use BK to "stop" foreclosure are doing a disservice to their clients.

The downside is that they don't have safety features that a modern furnace does, and in the words of one furnace expert, when they fail, they can fail spectacularly.

The dry wall had been cut out before so that is not wet.Now it has been a full week that the basement is covered in water because the bank is taking forever to come to a solution to this.We offered to still purchase it with a $6K credit.

The more modern look is to be open with kitchen and other rooms.