*The catch: he also has tax liens in HIS name, $ significantly above the value of property.He has not received a deed or transferred the property into his name.Question: Is he able to negotiate to pay off the 30k lien (without dealing with his own tax liens in his name), or sell the property (un-insured obviously) with the irs lien still attached?

Auction sent a notary to my home and we went through closing papers and transferred funds.

According to property assessor, the cost basis of the structure of our 1 unit is 60000$, BUT according to our insurance company, it will take 112000$ to re-build.Last year we depreciated using 60000$ cost basis, but I am reading the book that suggests different methods, making a point that there's no right one.It's a huge difference, and according to the book ("Every landlord's tax guide" by Nolo"), usually county assessors UNDERESTIMATE, which gives me SMALLER deduction if I use their data!!!

You then transfer balance from one to other to reduce the usage to under 30% of both credit cards.

I always like to have extra data points on rehab pricing, so please update this thread with what you ultimately find.

The new mortgage is doing a PMI transfer assuming the terms of the new loan are the same as the old loan (which is what I want since the value of my home has dropped).

More than half of multi-family owners are corporations which makes data gathering for direct mail nearly impossible.

I offered him $5,000 cash, transferred the deed to me, kept the mortgage in place for 2 years, did a light rehab and rented it back out for $1795 mo.

The method is slow, and I was only able to pull 100 names a week or so, but back then I had more time than money.There are also services that sell lists, such as Listsource, Melissa Data, and yes, click 2 mail.

They will make an exception if you rehab and resell, but the 3 year minimum is then transferred to the end buyer.