Posted by Ronald * Starr(in No CA) on September 24, 2003 at 10:38:06:
If you don’t know what you are doing, do nothing. That is my advice about this one: do nothing, but perhaps commiserate with your brother in law.
If you feel “I don’t think I would have any problem getting it out of my hands if it was in my hands.” Then why don’t you just give you advice about what to do to the real estate agent and your brother in law about what to do? Help him out.
If they can’t sell it, what makes you think you can? Going to suggest a lease-option or something? Then suggest that to your brother in law. Maybe even help him put it together. Whether you get some fee or not.
Don’t have enough time to study up on foreclosures? You don’t have enough knowledge to be messing around with this, in my opinion. It is better to pass up two good deals if your system prevents you from buying one bad deal.
Good InvestingRon Starr*******