If we buy this triplex, we could have it paid off in 10 years and have steady cash flow, but we would still owe on our home at retirement.

I have a lot of rentals now which has been a real steady income.

So wish me luck and I'll keep you guys updated as the progress moves on.

I am hoping that by sending this letter, the bank will realize it would be in their best interest to work with me instead of putting it on the market and letting it sit/depreciate as time progresses.

Historically, we work directly with banks, developers, and builders and have been out of the individual investor game for a bit.To implement a program for our large group of investors (~30K), one piece that I need is wholesalers bringing us deals on a steady basis.

Trust me Nick I'm not to happy about it either, but sometimes with great change comes great progress, and progress is an opportunity for people better themselves and society.I just digg my feet in and brace for impact!

So, the natural progression for anyone that actually starts as a bird dog is to rapidly move to being a wholesaler.I'm not putting down bird dogging, I just don't think it exists on any significant scale.Mike

Look around you already, see if more than one out of ten is either unemployed or seriously under-employed against cost of living.Pretty ain't the picture, but the future IS brighter because of the revaluation of currency vs. products - products are quickly splitting into two categories; NEEDS and "Don't even WANT it any more".That's trouble in the short term, but once the economy adjusts to the new (old) rules, real progress will be made as people turn to CREATING NEEDED GOODS WITH MINIMUM COST OF PRODUCTION.That's going to take a while, longer because the Gov't is concentrating on getting people to buy stuff they never needed and sure don't need now.

. - They are the most progressive nations in the world, an open society which enjoy lowest rate of rape and child abuse. - Yes, they don't have those big TV, the Hummers, and the Mc-mansions but life is good.- For them....

They are looking for Steady Monthly Income and Tax Benefits.