Refinancing is a fine balance of having rates low enough and having values in your area to be high enough so that you can actually close because if rates are low but values are low and you cant appraise then the low rates would be of no use.

All I had to do was collect the rent and watch my principle balance of the property go down every month.  

I have $100k in outstanding in open balances that they have not settled. 

Also, compared to their mortgage balance, I'm not sure an offer can be accepted here.  

If it helps, the principal balance will be $80,000 with an interest only rate of 6% for one year (or less, depending on the family matter). 

It's usually just a print out of the balance from your online banking account, or could be a bank statement or someone's IRA or what have you.

There's no thoughtful negative analysis, or pushback when people make claims, which is required to have a balanced view.

Then you give them the 2nd offer where you are offering them a higher price than the all cash offer, but below full market price, then putting down some cash (about 10-20% of offer) and the seller will finance the balance at a monthly payment that is quite a bit below what you think you can rent it for (but at 0% interest).

:)This house is in Birmingham, AL and I am trying to wholesale the propertyThis house is listed with a realtor on the MLS for $79kARV is about $75k and minimal updates / repairs are necessaryThere is $68k remaining on the loan balance, but the seller is behind a few months on the payments and might have to short sale it to the bank (does this even make sense, I'm not entirely clear how short sales work?)

@Ethan Giller & @Paulette Midgette your opinions are usually very balanced and informed.