Here is a previous thread that spells out the need for patience:- https://www.biggerpockets.com/forums/105/topics/19...Welcome to BP.

I wonder if you could take it from the deposit if it isn't something spelled out in the lease unless this would be considered "damages". 

He had a house in Shendenoh PA, I don't think I spelled it right lol but he lived in NJ.  

The rental demand is great in Albany- I have only had 1 unit that sat vacant for 2 months which was due to an extreme cold spell last February and March.

I even sent an email last week giving feedback about that paricular lead and spelled out the number I needed to get it at (in writing).

Tenancy in Common (TIC) is a form of ownership and the owners may use a "TIC Agreement", unspoken of on BP I believe, a TIC Agreement spells out out such matters as what an ownership interest an owner has, their rights to use a property, common areas, notices of sale, rights of first refusal, any option of other owners, future sales required upon certain events and any reversionary interests that may operate by law.

@Anita Fofiefor Calgary Alberta I would look at seller carry for the balance or a wrap around mortgage saleRead the HELOC and see if there is a provision in there that prevents a second mortgageYou could have a three year balloon that forces them to refinance@Roy N. is a pro in Canada You also could look at a lease purchase there they put down 10% and have a three lease along with a sale and purchase agreement spelling out the terms

Do you have the terms spelled out in a contract that they signed?

Make dropping this off a pretense to seeing who it is, and, well, may as well meet them while you are there (just dropping in may spell creepy) but legit landlord documents--all good there.

Just to spell it out because I am not the best communicator... the above arrangement instead of finding my next deal, contacting my lender, waiting on him/her to wire funds, and hopefully making a cash offer before someone else with immediate access to cash.