You may want to research the term ' Debt Financed Distribution' Which does have a tax implication for the investors receiving a distribution.

Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.

There is no requirement for @John Gillick to replace debt with new debt. 

It can be personally designed post cards or it can be letters. 

Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market. 

Though DSCR gives you a better picture of how the property is projected to perform vs debt service, you can't rely solely on one measure to make a purchase decision. 

Is there debt on the property or are you doing all cash?

I don't think he would allow someone that had to put the fee on a credit card.

With a loan, a person takes on a Debt Obligation. 

FHA is easier to qualify for and allows for higher debt to income.If you have not spoken to your lender already, you should also just look into the HomeStyle Renovation loan.