Just DYOR before committing to something where you can not easily back out.

``This is a common-sense bill that eliminates the double whammy of someone losing their home to foreclosure and then facing an additional tax bill right when they're down on their knees anyway,'' said Representative Dennis Cardozo, a California Democrat who said he represents ``the foreclosure capital of the United States.''

You can lose a little now or take a blood bath with the tenants.

one word - TENANTS.i'd relate being a landlord to a poker player -the pros or good players play like they've already lost - so they've got nothing to lose in their mind. as a landlord, if you're going to start renting real estate - rent it as if it will be totally wrecked.ASSUME THE WORST AND PREPARE FOR IT.don't buy and assume the best.hope for it.

Does she have anything to lose asking for it?

If that doesn't work, lose the 6k and learn a valuable lesson.

In bankruptcy the owner of the property loses all control.

Then you end up losing money!!!

2)Is this the wrong time in the market to attempt something like this – or is this a good time since prices have come down3)I don’t want to lose my current house – should I even attempt this kind of loan4)Is this crazy?

I would prefer by state.Certain discussions are definitely going to work better when people can easily fine others in their market.John Corey