We were planning $600/mo mortgage payment, $100/mo insurance & $100/mo taxes - balloon payment in 5 yrs.We are providing $5k to pay back taxes ($4k), back hoa ($125), pump septic & grease trap clean out ($225), survey ($600)  & our children are paying closing costs ($1500).Deal stalled as owner backed out on seller finance.Suggestions?

They provide the leads every month, you send letters and field the calls as they come in.

Should my wrap loan be for 30 years or should I include a balloon.

I sent the landlord a letter with 23 pictures using certified mail with return receipt. 

Always remember budgets always balloon as do time lines. 

I would look at historical and not the past five years as we were in a balloon. historical appreciation is around the same as inflation 2-3%. 

Once you've done that, you'll want to take your Articles of Organization from WY, your registration in FL, and your IRS SS-4 form, which is the letter you got when you got your EIN number when you first started.

This could be anything from a Letter of Intent as a prelude to a purchase contract to an actual purchase contract with an OPTION to purchase for a small option price subject to a defined time due diligence period.  

I'd refer them to petscreening.com and let them sort out the ESA letter.

This is how it is supposed to be handled but some lenders have overlays or loan officers are not aware of the actual guide lines or rules depending on their organization or who they are selling the loan to in the correspondence channel.I have come accross this several times you simply make the underwriter aware and in some cases the agents and appraiser are informed as well in case there is a need for an outside LOE letter of explanation.