Subject to deal concerns

[Giovanni Di Puglia]

BP members,

Here is the situation: A friend of mine who is in the military has a property in Killeen TX as the result of her divorce. She wants to dispose of the property and I told her that I may take it off her hands as a subject to deal. After she researched the specifics, she had agreed. Now here is my concern, the mortgage is held by Wells Fargo and it is a VA guaranteed loan, which I have been told come with additional hurdles. Also, while the property is in outstanding conditions, only need new paint and carpet needed, monthly rent will cover the mortgage itself, very little ($25) as positive cash flow. While I locate and attorney to draw up the paperwork in San Antonio TX, where I am at, wanted to hear the comments, consents, or questions you may have.