Most are backwards looking while I was mostly thinking of a pro forma to highlight proposed deals.Is the above clear?

If a lot of accounts are closed all at once (somewhat like you are proposing) then it will look like the lenders pulled your credit because they know something bad about your ability to pay.Bottom line.You can actively work your credit to make it better.

The proposal is really about letting the two agencies buy larger mortgages.

First find the agent that you will interview get recomendations through your family,neighbors,or friends.Set the appointment ask as many questions about real estate,explain what it is that you are looking for in an agent and listen carefully to what they propose in doing for you to meet your needs.The great thing about having a RE agent is that they will do all the leg work ,they will find the home,write the contract,negotiate the deal,and walk you through the entire process.Do you pay for this service?

Anyone who is interested, check out the links...About Maps: http://www.maps3.org/maps.htmlMaps for kids(maps 2): http://www.okc.gov/OCMAPS/index.htmlCore to shore: http://www.okc.gov/Planning/coretoshore/Skyline snapshot - status of current and proposed okc developments: http://www.downtownokc.com/Default.aspx?

Rent: $360 Debt & Equity Information Debt Type: Proposed Loan Amount: $32,000 Interest Rate: 10.00% Amortized Over: 15 Due In: 15 Annual Debt Service: $4,126 Down Payment: $8,000 OWC, so my payment would be under $450/mo PITI, electric seems about $250/mo.. $700 roughly per month.. rents seem alittle high, but even if so seems like a winner to me?

Then you can either pursue the property at foreclosure sale - if the numbers pan out and you have the cash - or approach the owner with a proposal.

And send out a one page proposal to each of them without even viewing the properties offering to purchase them and a price calculated at 65% of market value.I use a similiar technique in e-mail fashion to find sellers willing to carry sub-ordinate liens.

That seems like a stretch, but again, I'm no lawyer.Now, I have heard things proposed, like raising the price and getting cash back from the seller, that are explicitly disallowed.

I propose that you introduce yourself on our New Member Introductions forum so we can get to know you a bit more.