The response has been much better now that they have all the answer from me.So I would say go and work out exactly what is required to move it to a new location so you can make it sound easy to buyers.phil

Quite often, a 2nd lien holder is still able to create a work out agreement with the borrower post-foreclosure sale, if they are current on the 1st.

Were you trying to get something close by to you or did it just work out that way.

Think of it this way if you were a contractor -- would you rather have to spend a bunch of time trying to market to homeowners to get a one-off job here and there for a little extra money or work with investors who will give you routine work week after week?

Tenant agrees to perform routine cleaning throughout the leased premises on a regular basis.

@Deidra Hubenak - great advice and thank you for sharing your story about getting out there and having things work out.

If you borrow the money from relatives or friends and the builder-friend play doesn't work out, you might become a builder with angry partners.

The other chief downside is who knows if they will work out?

If you could work out the financing in the C corp and close, you could transfer to a different entity at a break even price later, then let that entity take/pass through the profit.

@Tracey Marzich How did it work out with John Hyre?