Even if there is some gray about the lien being enforceable its presence could bring the others to the table for a settlement.Note the person blew it and the bill for their education has not been determined.

You will need to determine what's legal in your state.

Providing comps and your estimated ARV I think is sufficient for them to determine their own estimated ARV.

I know from experience that only a tiny minority of small business owners follow their business/marketing plans to the letter.I guess what I'm trying to determine is this: If you bite the bullet and pay $2000, $3000, $4000 for the "full" package from one of these gurus, which of these programs are truly fundamentally, strategically and legally sound?

Review this area to determine (A) what instrument (Deed type) will be used to convey title, (B) who will select the title co/closing attorney, (C) who will pay for search-exam, certification and/or title insurance.

Just based on the limited information provided, I'd be inclined to do the duplex route.Owner occupied can help you quickly determine if you have the stomach for bigger/better deals in that same area - or if you need/want to adjust your investment focus. :)

Just offering an opposing viewpoint.My husband and I are both Realtors and a team.We both "share" the non-gendered identity of Malok for internet purposes.I do agree though, that if someone wanted to actually conduct a transaction with another person in this forum, they would provide their relevant information in some form or fashion.

I have read so much info on the internet and want to start the process but need some guidence.

banks look to get fair market and most (i'd say) sell within 10 to 15% of market value (depending on where you live)...and at 10 to 15% of "market value" - who's determining that?

For example, if some took out a loan at 8 percent for 15 years and then maybe a few years later can get that loan refinanced at 6 percent (which will extend the period of the loan, as it will start back to 15 years again) how does one determine where it is too late to feasibly make this transition considering that the one is getting a lower interest rate, but extending the period of the loan at the same time.