Importantly, include a term limit with a balloon payment – for example, a 5-year term.

To be sure, I have only sent her 2 letters and made 1 phone call over a 6 week period. 

Thank you, Alex" We send out a lot of letters and have found that a professional approach versus a handwritten letter is better for generating quality leads.

.- Assuming you can pass the FHA self sufficiency test (very hard now with rates where they are, the new 5% down programs are probably a better option) you would have send a letter to your lender stating you would live in one of the units that makes up the zoning certification (legal units) for the building.

I would ask them to provide receipts and a detailed letter justifying the 1000 and then have the lawyer draw up the legal stuff.

I was wondering if yellow letters/postcards is still a viable strategy for deal prospecting in 2024.

People read too many blogs and think maxing out leverage is good, but most of the time it's not if you are newer because of what @Chris Seveney said.Having equity in your home is a balloon you can keep in a closet for things, but too many people rush to use it.

I finally received a demand letter from a "nonprofit attorney" representing the tenant, claiming that the tenant was living in uninhabitable conditions—typical for a non-paying tenant, I guess—and now she wants to "renegotiate" the rent and keep living in the same space.She has been filing complaints with various government departments, but all the cases were minor and have been closed.

I have gotten letters from companies in the past but threw them away. 

Have proof of funds or hard money letters readily available.