While you're waiting, your expenses and mortgage payment continue.

Obviously, it is continuing to cost you money and it is counterproductive to hold it.

The question I have is what are the steps I have to take to investigate the property which is in another city.New York City is too expencive to have a positive cash flow.

The FHA’s loss mitigation program lists pre-foreclosure sales as one of five options that lenders have the authority and responsibility to investigate when working with homeowners in financial difficulties with their mortgage.

It is indeed the best I have found for those getting started and to continue growing.

They will need to investigate doing a 1031 tax free exchange.

I have been continuously reading the posts, however, I took the position to sit back and read BEFORE posting anything on the site.

I live in the west and this entire area has seen much building over the last several years, and I think is generally expected to continue, perhaps with a bit of a slowdown for a while.I am seeing more houses on the local MLS.

Perhaps i should continue to take in 700+ credit score tenants for a high turnover tenant to buyer lead generation.

My long term goals include owning additional real estate properties and renting them to great tenants while using my love for tools and home improvement to continually make them better.