But like Rehab said, the bank will not allow her to receive any funds if they are taking a discount.

This action consisted of searching out a mentor who is helping me tremendously right now (advertising, networking, and crunching numbers.)

I would offer a discounted buyout for a shorter lease term.

The intent to hold is still the determining factor.However, there has been a tremendous amount of abuse in terms of investors completing 1031 exchanges on vacation properties and second homes over the years that really should not have qualified.

Thanks John.Great information.What I have been learning about the social network sites is that they are a tremendous way to spread the word at a very minimal cost.

As long as you're careful about your valuations and stay at a low LTV, you should be able to turn around and sell the property at a discount, cover your costs, and still make a nice profit.

I'll show you exactly what I put on mine:We are searching for buyers for great discounted house deals typically 40-65% off the ARV.

A 15% to 20% discount to them may be a nice discount off retail.

If I try to do a short before the foreclosure, what do I do about the 2nd as I am trying to get it for a considerable discount from market

A short sale is a great way to pick up a property at a discount.