The community is Savannah Lakes, in South Carolina, and offers very reasonable taxes, and a very low monthly property association dues, and no time table to build.Here is the deal:I have offered these for sale, a couple of them as purchase option, meaning, you can lock up the purchase of the property with a low deposit, which I will put in an escrow account(SC Title agency) for a year, and then close on the property after a year (tax incentive for myself) at a preset purchase price which is discounted.

Because of the bail out (in part), he now has it in his head that there is a "money fairy" that just shells out cash to pay for things.

Mathews Associates LLCAgent/Investor-L/O specialist

What mike said.....You may not have any MONTHLY expenses, but surely you have Insurance & taxes you pay, those are expenses.In addition, you will also have exterior/interior repairs that are associated with property ownership.

Im just trying to understand when I apply with my EIN what reports will come up that are associated with that number... do all my bank accounts show?

So, when they call me with questions about the property I give them the verbal heads up that the lender is already entertaining two offers.

The Iranian Clergy that heads that country celebrates the idea that the holocaust did not exist and have made it a public statement on behalf of their country that the world would be better without jews.

Add up all the expenses associated with your house and run the numbers like it's a rental.

Now, if i was a jerk, I could not pay the mortgage and this would further destroy the credit of the seller because their name is still associated with the mortgage payments.

2 ways:1) Get your license, join the local association and pull them directly from the MLS.2) Pay an agent.