You will need to keep 15-35% of the original capital in the deal, likely.

Yeah I cringe when I see a MERS originated mortgage, and tend to skip those when buying NPLs. 

He would try and sell that original loan to investors so they could also fund the draws but he got caught in interest rate spikes and left a lot of people high and dry as he was writing loans at lower rates and when rates spiked the loans were worth a lot less.

Are you performing well with delivery?

If you're looking for original art, you could consider contacting the AP art teacher at a local high school and asking them to coordinate commissioning a student to make something for you or purchasing from a student.

Keep your exit strategy flexible; if the duplexes don't perform as expected, selling could be a safer option.

Just do your research and don't bid more than your original bottom line.

Originally posted by @Arnie Abramson:Not in Texas. 

Financial predators who realize up front that they are not on the note and have no risk to their credit  rip rents with no intention of fulfilling the contracts and original seller gets wiped out.

Hello everyone,I am buying an RSO-controlled property in Los Feliz and will be performing a no-fault eviction so I can move in as my primary residence.The property is currently a duplex, with a 2 bed 1 bath on the top and a 5 bed 3 bath on the bottom.