Posted by Stephanie on July 29, 2003 at 21:57:40:
I don’t want to put my credit on the line. He is making $20,000 less than he was when he purchased the home. Even if the bank agreed to a short sale I would have just flipped it anyway. I was trying to find another Investor that wanted to lease/option to him but with no luck. That’s why I was trying to find him a loan so that it would be in his name with his credit at risk. If I had the cash to do the deal then I would because it wouldn’t be the pressure of the monthly payments. See my dilemma? Thanks anyway.