Posted by Steve C., Remax on April 18, 2000 at 15:53:09:
First, don’t panic. I’ve been in the same situation before, and just when the light at the end of the tunnel goes out, you just realize you’re looking at the wrong end of the tunnel. The couple of times I’ve been where you are, things always worked out much better than before.
Remember, every day you’re above ground breathing is a good day. Enjoy it.
As far as the property that’s free & clear, do the numbers. Will it be worth the effort and expense to fix and flip, or would you be better off selling it as is. Only the numbers will tell you this, not your emotions.
Forget the Vallium, it’ll just make the world seem a darker place than it really is. However, a cold brew never hurt anyone.