They are accepting the equivalent of $314,693 today in future payments on both mortgagesAlso, a mortgage broker is not a fiduciary.

I have had property managers there for more than 10 years and am very pleased with their abilities.You can purchase equivalent properties there for from 25-40% of the cost of Santa Rosa, Windsor or Rohnert Park properties. 

Is there an equivalent of the 70% rule (for rehabbing) for buying non performing notes?

Apparently, the suckers want to believe that they will get the equivalent education of a MS in Real Estate; what they actually get is a couple of bad real estate books!

My lease states: payments made to the landlord when there are arrearages shall be applied first to the outstanding balance then to current charges.If they did not pay the late fee the previous month and they pay the equivalent of one months rent to you the next month, they have not paid that month's rent because the outstanding balance must be paid first.

@Jason Bajaj  In addition to Dave's comments above, your Canadian partners should obtain tax advice from a Canadian accountant or attorney specializing in cross-border business as their is no equivalent Like-kind deferral under Canadian tax law,  CRA is going to see capital gains as being due on the disposition.

Hi Everyone,I am living and working in Japan and about to begin negotiations with my realtor on the above.I think I need to ask for a selling price equivalent to $450K (i have entered the values in the calculator in rough USD (dividing JPY by 100) to give me a rough idea of the costs associated and where I need to go.I have rerun the calculator with lower purchase costs up to $450K but I am not sure how to get the best value and therefore make the best offer. 

However, I would argue that keeping good records/minutes and strong Operating Agreements would be equivalent. 

That's the way I do it.Since you get more partial payment this way, you should end up with an 13 equivalent rent payments - which is > 12.

Proceeds include both cash and cash equivalents (the note).This is the problem.