This is an especially stinging problem to have in a rehab situation.

and once you have a figure in your head, how do you attack the situation ?

Fresh off of a rehab of my own home, I am looking make an investment but I am unsure of how to aproach the situation.

My situation is that I own one small 1960's building.

I think it depends on your specific situation.

Here is a hypothetical situation - I hold a 1st lien position note secured by commercial land.

If you run across this situation with your clients , would you be willing to refer them to me?

I know its not the ideal situation, but we don't know how else to get started.

They are on their way to lose their house so that normally motivates them to figure something out.The con's include that surprisingly most people facing foreclosure are in major denial of their situation.

In these situations, the piggybacker never takes posession of an actual credit card, and so they cannot ever charge anything to the account.