I have not given this much thought really as to how to, I did this for years and I have a completely different approach to underwriting seller financed as you need a crystal ball more than underwriting guidelines to meet at the time of a contract.

Defaults were a big surprise due to the very small LTV I stick to. I

Hard to decide which strategy is best to subscribe to I guess.

@angel perezWhat are some ways to find homeowners to market to? I

How do you guarantee his investment, do you need to, is he accepting risks, to what extent?

But that ratio number isn't used by the lender at all as some sort of qualifier.The qualifier I think you're referring to is debt to income.

But it sounds like that idea is a bust, so it's back to the drawing board.I own a 4-unit currently, so I am aware of the expenses that you are both referring to. I

I don't have any experience with probate, and am trying to make sense of who the letters should be going to (I am guessing grantee).

As much as I dont want to, I think I will need to walk away from this one.There are a few duplexes in the area that might be more profitable.On the 15 year mortgage note...I did my 2 single family homes at 15 years which had a lower rate.

That's the number I'm looking forward to getting to... :)I