This site is outstanding, I am especially enjoying the podcasts, they are really keeping me motivated while I am learning how to get started.

Your experience is outstanding and you've clearly paid your dues.

Even if their are any other outstanding liens on the property, I will have plenty of spread to take care of those as well.

An outstanding source for laminate floors is bestlaminate.com.  

Everything being equal, this appears on paper to be an outstanding investment opportunity, based on what you shared.

Then if you happen to win the lottery someday, the plaintiff gets paid the outstanding judgement from the lottery winnings before you get paid whatever is left over.

If the plan allows, you can take more than one loan, however, any outstanding loan balance in the past 12 months will be factored into calculating maximum loan amount of the new loan.The UBIT would apply if your plan is engaged in unrelated business activity.

here is what i've used in the pastDemand Promissory NoteFull Name: ______________________________________________________________________________Residence Address: _______________________________________________________________________(Hereinafter referred to as the Borrower/s)Full Name: ______________________________________________________________________________Residence Address: _______________________________________________________________________Relation to Borrower: ______________________________________________________________________(Hereinafter referred to as the Co-Maker/s)Full Name: ______________________________________________________________________________Residence Address: ________________________________________________________________________(Hereinafter referred to as the Lender)For value received, the Borrower hereby unconditionally promises to pay to the order of Lender the sum of ______________________ (PhP________) together with interest accrued at the rate of __________percent (______%) per month on any unpaid balance.Payable on DemandThe entire outstanding amount shall become immediately payable upon demand by the Lender or holder of this Note, but demand shall not be made before the _______day of _____________________20____.Place of PaymentPayment shall be made at the above stated address of the Lender or at such place as may be designated from time to time in writing by the Lender or holder of this Note.

Restoration of previously used entitlement is possible if the property which secured the VA-guaranteed loan has been sold, and the loan has been paid in full, or an eligible veteran-transferee has agreed to assume the outstanding balance on a VA loan and substitute his or her entitlement for the same amount originally used on the loan.

In order to find "deals", you generally have to do the same sort of hustling that good Wholesalers do - find highly motivated Sellers who don't care about the properties they've been lumbered with - even though they have such outstanding (but not always obvious) potential.Ask around to see what your local Lenders offer by way of terms and conditions.