while there's no outstanding appreciation coming most likely, you can force the appreciation by buying a rehab fixer upper..instead of flipping it, live in it for 2 years and then sell, and enjoy tax free cash!

OK, the note is purchased at a discount, the cost to acquire the note is irrelevant.The amount to bid in, or deamnd is the outstanding principal plus accrued interest to the date of demand as stated in the demand, plus costs of collection and any amounts that were expensed in safeguarding the property, such as weatherization, title search, paying hazard insurance premiums, taxes or other such reasonable expenses in protecting the collateral security.

4.625 for a 15 year investment loan would be outstanding.

The outstanding loan was $12000+, back taxes of $1500, county appraised at $33000 (a little high).

I will be applying 100% rent for purchase credit, but will charge 9-10% interest on the balance outstanding.

The seller retains a collateral interest in the property to the extent of amounts outstanding or unpaid.

Interest accrues on the unpaid principal amount outstanding, it has nothing in the world to do with the amortization period!

This will likely take anywhere from 3 months to a year or more depending on if there are outstanding bills.

If you sell any property, you must pay the lender that percentage of the outstanding balance.

To answer the one outstanding question: no, I did not inherit this tenant.