I was saying, buyer pays the full outstanding balance on the mortgage. and then some more to the seller in default. 

My goal is to utilize real estate investing for passive income streams and to begin working for myself as opposed to others, while providing a high quality of life for myself and future family.I am currently interested in networking, and finding both single family & multifamily buy/hold, & fix/flip opportunities throughout Arizona.

**DISCLAIMER** I know my profile picture is poor quality, however it is me, it was posted onto my Facebook in about 2010/11, so just hang tight for a higher quality picture in the near future!

The rents are well below market, but probably consistent with the quality of the dwelling. 

The key is in the quality of those first few offerings to get the first few investments.

Hi, Im A local Contractor In Phoenix, AZ i'd love to connect to help you quality work on your flips

The interest rate on the note is 5.5%, payments are interest only or more,and all outstanding principle is due the beneficiary twenty years from closing.If the underlying note of $1,100,000. were bank financed, and I wanted or needed tosell, I would need to attract a buyer who was willing to get all new financing throughsome means, or write a very big check at closing.

Not surprisingly, initial interest has been strong, and we are testing the concept with two 506(c) blind pools, to serve flippers in 2 of those 2 dozen cities.So we need someone that can give us high-quality analysis of the business model, and let us know what it will take to grow from 2 to 2 dozen. 

Speaking of furnishings - I think your $20k furnishings number is a little low, but it depends on the size of the house and quality of the furnishings.5.  

I accounted for 13% for Property manager as I rather pay for quality than have a shabby one that would create issues down the road.