I love the positive nature of this place with all the optimistic investors.

These books were generic in nature and not real estate specific.

Naturally, all of the most affordable properties are popping up in what most would consider a "spotty" or "ghetto" neighborhood.

If the owner made a poor decision in hiring the manager, why wouldn't the stockholders of BP be liable for the Gulf Oil spill since they elected the Board of Directors that ran the company?

I am a very conservative investor by nature and am quite careful about the types of risks I take and generally do not like bankruptcy risk very much. :)

Their home is underwater (bought for 500k+ in '05, recent comps price it at 141k-200k).Here are additional details:-Current on payments, next payment due early next month, cannot make February payment because of engineering fee and temporary housing costs (family is staying at a hotel)-Both spouses have excellent credit, high 700’s to 800-Lender is BoA, outstanding balance on loan is 315k on fixed loan with 10 years left -House is red tagged by city, city requires engineer to do soil samples and analyze hillside risk post-landslide in order release the red tag status-Filed a natural disaster forbearance to suspend the payment-Filed claim request secondary to homeowners insurance denying the claim -Preliminary report by geotechnical engineer estimates 80k-200k to repair and install proper drainage to hillside adjacent to house-Property repairs estimated to be around 10k-Property damage:o Carpet o A couple windowso Dry Wallo Mold—water pooling from the back door, no proper dry out has been done (probably much more additional work/costs on top of original homeowner 10k estimate)They're thinking about filing for bankruptcy and foreclosing on the home.

In my view, I’d lend the money.The returns on hard money loans can exceed 20% but, by their nature, these are short term and actually involve work to keep the pipeline filled.

You certainly wouldn't want to risk chasing them away with a low-ball offer.If you can design the web page to accurately determine the nature of the motivated seller, you may be onto something big.

In South Carolina a "natural person" can have up 5 loans.

Doubt they would be willing to, they have certain criteria, why, because they are running a business.Inherently we are want to be sympathetic and help someone out, that's human nature.