Owner Says:$0.00 Down, NO INTEREST, Owner Will Carry Your Job is Your Credit, $599.00 Per Month (includes property taxes and HOA), NO INTEREST, Paid off in 8.5 Years, you own it free and clear.Seller sent over a 7 page app set up for a rental, I filled it out and sent it back already what should I expect next?

Originally posted by Bryan Hancock:I have never understood carrying things at historical cost.

This does carry risk, but it is better for the scenario you have described IMO than your other options.

This insurance needs to cover them and any of their workers, and their subs need the same.If a contractor gets hurt/killed on your property and they aren't properly insured, you risk a lawsuit that can potentially take this property, other properties and/or even your personal assets (depending on how smartly you protected things).It costs a little more to hire contractors who carry insurance, but it's well worth it, in my opinion.2.

Hi there Sorry I havent answered previous questions.....there are no websites that carry the short sale list for my area that I know of the best thing is to read the add whether it is in the mls or newspaper or on craigslist when you see the term "Subject to lender approval" that for me is the giveaway of a shortsale, also now they come right out and say short sale approved .

Keep in mind that the private financing likely won’t carry as many strings or transaction costs too.

I have a real estate partner who is very investor friendly (carries an international lisence and does REO's) and I would be happy to introduce you to him if your interested?

As suggested, they may accept something now and carry back the balance of the commission.

Some landlords have good luck buying in the "slums" and collecting their rents in cash while carrying a gun.

These projects also carry high time components absent the ability to hire staff.