In order to get the seller the price needed we are attempting a structure below...any help-advice or recommendations greatly appreciated as I already have a partner to guarantee loan and need to keep moving forward and get a PA signed.Using round numbers for ease:Agreed upon purhcase price $100,000Bank finances 80% (takes first position) at $80,000Seller carries back 20% takes 2nd position ($20,000) on single pay note due no later than 5 years after close, so no debt service on the carryback to include (verified with a couple banks I have called)The seller would forgive the 20% carryback debt after loan close, which would make the 100% finance.After consulting with accountant, forgiving the debt would mean I would need to pay tax on the forgiven amount and the seller would need to go through various steps to evidence I was not able to pay the debt...filings, recordings, judgements.Myself and the guarantor would put down a 6 month reserve account and pay closing costs with cash. 

src=/program_...So the easiest path in Philadelphia to become a 203K consultant is to be a PA-registered home improvement contractor for three years.

(I realize many of the photos aren't great, i'm having professionals taken tomorrow)  Any suggestions on how I can better market this place, or if I'm way off base on my pricing, would be appreciated.https://desmoines.craigslist.org/apa/6165313694.html 

It is not likely a title company near you has a lawyer who is licensed in Pennsylvania.Also you should seriously consider having a PA lawyer write up your contract.

I'm uncertain if using an excerpt and linking back to the article or even proper MLA/APA citation would prevent a copyright lawsuit (god forbid).

If it u safe you can get a red tag.

M - maintenance and repairs (if you know it)?  U

I live and work in waterlogged western Pennsylvania and I am a PA-registered and insured home improvement contractor.

 ( I have a PA license but is with referral company at the moment).  

I have been told by several agents in Pennsylvania (where I live) that you have to hang your license with a broker (I'm not sure if this is a PA requirement or pretty standard nationally).