Because of our current debt/income ratio, and conversing with my lender, getting a loan on this is a stretch for me at the moment.

This is pretty standard with owner-financing.The use of debt-financing will create exposure to UDFI taxation.  

I will ask my lawyer to ask the settlement agent if they will accept zero demand as sufficient. 2.

Whoever was handling the short sale either dropped the ball, or couldn't negotiate a settlement satisfactory to the hoa.

I would put it to work now while you have it:)    Of course you can always go the other way start paying all your debt down.

Your income determines your max loan (debt service ratio). 

I am looking for someone who can guide me in flipping homes and becoming successful to help me become free of my financial debts.

What kind of debt?

I have seen a a lot of information about experts thinks that the US dollar will collapse in 2016 because of US debts , more than that, there is a big group saying it is going to happened in the 28/5/2016 exactly.do you guys think its true?

Case in point was my Lawyers advice that my ex and I 'could not each make a settlement payment to each other' Our situation was this;I owed her about 20K to settle paying her back for part of a small inheritance she had received but was used on a joint asset I was fairly flush with cash that was NOT in retirement accounts since we had just sold or marital home that was paid off.I paid her 40K in cash (20K more than I owed her) and in return she transferred to 20K or her retirement account assets.