See your attorney if there is any objection. :)

You won't find any lender foreclosing on a past breach that has been cured, IMO, as if that borrower were to object and require a judicial process, as they can anywhere, what judge would force an owner out for a condition that no longer exists and arising out of what may have been poor judgment?

We all make mistakes constantly, and part of the trick is to set egos aside and analyze what we did objectively.

This page:Eliminating the Prohibition on General Solicitation and General Advertising in Certain Offeringsdescribes what is reasonable:The determination of the reasonableness of the steps taken to verify an accredited investor is an objective assessment by an issuer.

I'll talk about a deal or method I use or make comments, but never are any intended to brag about myself, I know it sounds that way at times (making a shorter comment to type, usually) but I really dislike self promotion.....personally.You probably won't ever see any real educator pushing thier Principles of Real Estate text books, or in any other subject.

To me, if it meets your investment objectives (and 20% COC would meet mine), it's a good deal.You make money when you sell.

Enough said.However, do not end up on the losing end of this potential deal by over paying for this property.Stick to your numbers and put in your bid as if this never happened.And remember, our country was founded on this principle:"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."

On to 2b:Cash Invested: 28000 (20K down, plus closing, cosmetic fixup, and holding costs)Gross Annual Income: 14400Expenses: 7200Debt Service: 4723Cash Flow: 2477An income of $2477 on $28000 invested gives you a pre-tax return of 8.85%.The fact that in 2b you leave the mortgage in place introduces another factor – mortgage paydown, which affects both your taxes and long term return.On an 80K loan with 4.25% interest, the principle is reduced by an average of $112 per month during the first year, or $1349 total for the year.

Having NCND's and other provisions in the contracts will show the INTENT of the buyer.If they plan any funny business you will know it from their objections to signing your protection provisions.It's better to know how they will act upfront and not do business with them then to learn this on a deal and lose out.

A lawful object;4.