When a listing is offered at a price that is a "lender approved" short-sale price, is it likely that that is the bottom line price or is it just a likely that is an indication that the lender is willing to negotiate further?

The house has two beds and one bath, zoned LAR3, and 924 sq ft (Lot size 2,300 sq ft).  

This is something airline pilots and teachers will do: rent out a house where they can shove a bed in and overnight as cheap as possible.Ask her if she has a set schedule, or if she's looking for an "at need" deal- price from there.

I used to use the red lined paper but it's very time consuming trying to line up the letters with the lines.That being the case I use blank yellow cardstock paper.

Otherwise, having a stable job (9-5) while networking and marketing can help you gain knowledge, contacts, and a traditional 30year loan down the line when you're ready to go.

I've heard I can open a home equity line of credit but is that my best option.

hard money is probably not right for this because i dont have a buyer lined up.

The net of this was I ended up offering another $5k to bring me up to $150 "take it or leave it" under the threat of the seller walking, which I highly doubted as they needed all proceeds to close on another property they were under agreement on.Bottom line is $150 was accepted in the 11th hour (pretty close to what time I got a signed extension on the appraisal addendum back as it was expiring the day I made the $150k offer), the downstairs unit is listed and being shown, upstairs is being served notice next week and the property  will be "officially" mine Monday!

@Daniel DietzYour analysis is in the right direction, but not quite there.1) Determine the debt financing ratio - in this case .602) 60% of the gross income is then looked at by UDFI3) 60% of all deductible expenses are applied, so 60% of straight-line depreciation, 60% of the interest on the note, 60% of property taxes, etc.4) $1000 exemption applies5) The net amount after deductions and exemptions is then taxable to the IRA, and the trust tax table is used to determine the tax amount.Even if you have a negative UDFI liability, it can be worth filing the 990-T in case you can carry that loss forward to future years.We have a UDFI calculator on our website and if you PM me, I can send a link to you (BP does not want me posting that outside content on their forums).

They can put all kinds of things below the line that would normally be considered operating expenses.