I don't know how the credit repair companies work for short cuts.

I have short sale payoff, have cash end buyer and need to close the deal.

Long story short....I bid on an REO duplex.

Edna, I pursued investing in non-performing loans for a brief time before I realized that I was better of working my own business (short sales) instead of changing gears.

I feel this way because vacancies shouldn't be as high and with the short time of having the property in your hands there shouldn't be to many "big" repairs.

I have heard of new legislation regarding second mortgages that includes reimbursement from the feds to the lender on a shorted second if they sell the short to the homeowner.

Whether it is a forebearance agreement or a short sale, I think you should always try.

The place is abandoned, and it will definately foreclose, if they dont short.

If you can get 20% discount or more on short sale properties or FSBO with the same discount , we can talk.

There are several good HML for CT.Will send you an email with questions so we can figure out which one may work for you.By the way, make sure you have a solid exit strategy as these loans are short term.