I doubt you’re going to get a stranger to take a $250k hit for you. ”So  your friend has to tell the IRS he lost $900k and ask for a $250k tax refund.

The positive for you is that we hit the ceiling in mortgage rates at the end of last October, with them being down about 2% since that time.

This is more common that you might think.They do not take into consideration the costs borne by the investor associated with the transaction such as: closing costs, carrying costs, finance costs, exit costs, etc.They are trying to hit a homerun on every deal and not leaving enough "meat on the bone" for the next person. 

The property hit's the 1%. 

Hit me up!

I would undercut if you were hitting the market in a slower season but when you are timing it close to your high season, not sure I would do that.

Purchase price: $290,000 Cash invested: $100,000 Elizabeth Lake Property that was initial just a base hit property ended up being a huge win.

For example is there a standard where a house has been listed for 180 days and now the bank is willing to take a bigger hit just to settle the matter?

Its entirely possible that if he sells the house , and keeps the proceeds , she could be hit with a 1099 and since her debt was forgiven , and be liable for income taxes on that amount   But you wrote "If the man wanted to he could sell the house and keep the profit", nothing about your advice is based on having reviewed the divorce. 

Here’s to finding great opportunities and hitting your goals—excited to see where this journey takes you!