Paying principal only payments reduces you balance very quickly -If you are going to flip - same as above - but offer seller financing (that is subject to your owner financed arrangement) but with an interest - therefor you will be receive interest on money you owe that you are not paying interest on - this is a good thing.If you need conventional financing - contact the CEO or president of the bank - ask about their products - ask if they can refer you to someone in the bank to talk to.

Thank you for the kind words - at 75 years old now - I remember years ago when this I became motivated to invest in real estate (really -  my motivation was to make money and quick my low paying job)  I use to take every class and seminar on real estate investing and would read as much as I could all the time about real estate investing -  that is when I was 21 years old, some of the information was junk (seminars leaders trying to make money selling courses and useless information)  and some were really great, but at the time I didn't know what I didn't know, I finally got the nerve and courage to go out and try some of those crazy formulas they were talking about - and guess what - some of those far out creative financing techniques started to work for me - it was really scary because I started to make money - more money than I ever thought was possible with my limited formal education back than, I discovered I made more money than the president of the company I worked for - needless to say - I quit that job and devoted more time to making offers and collecting those large assignment fees - now even today at my age I continue to make offers - at this time the offers have lots of zeros in them ---- so all that good and useless education  paid off.You best teacher is the market - get out there and make offers, look at 50 houses - but don't make offers on those properties until you find the one deal that is absolute right for the profit making - just keep good records - listen to the sellers, do your comps, learn how to write "skinny contract offers", practice "Control and Roll" principals of controlling real estate with no money and assign your contracts using accelerated sales methods. 

@Patrick Kwan the first thing you should be aware of is US companies do not insure in Canada and vice versa.  

And vice versa.  

Hi all,I'm having a major issue with my HOA president, who did not know what CCRs were, and who balked at providing me, a tenant of my condo for 17 years, of the financials.  

My realtor didn’t go to college, he started out at age 18 as a bank teller for a large bank in Boston and retired at age 45 a senior Vice President for the same bank.

I own a house in upstate NewYork I am planning on selling it in summer, it could sell for 140k , I found a turnkey real estate investing called MORRIS INVEST , I talked to the president of the company he told me he could get me a duplex in Jacksonville fl anywhere from 60k to 70k , and he told me it could produce  a 650$ of cash flow per side, which I believe its true because rents there are about 850$ a month and the taxes are cheap there , I am planning on buying one from him, rent one side and live in the other one , then later on if I see great cash flow coming in ,  i will buy another one from him .

They will craft language that should be backed by president and/or case law. 

Equity Real Estate - Premier Elite Branch.He happens to be the President of the Salt Lake Real Estate Investors Association.Heart of a teacher.Trevor

I called the HOA President and asked if this was already paid by the seller because nobody mentioned a special assessment.