Posted by Marc Dyer on October 15, 2009 at 08:07:40:
This is my initial post at this forum. I am the victim of bad timing. I have an income property that generates a pile of income. By the time I figured out how to make the kind of money Im making I was way under water and my income to cost is less than break even. There are other properties close by that would yeild great profit but I am hindered by my current property and bad credit. I know a guy that sold his place to a partner in a short sale and got it back in line. I guess its who you can trust for that deal. Is there any way out? Its been a journey getting back to this point but I have the learning curve out of the way at least. How can I get my costs down or bundle this with another place?