MY LOC is backed by my good name and financial statements submitted a minimum of annually as well as my experience with the bank.They do have paperwork, previously signed, giving them my personal guarantee, rights to receivables, assignment of rents, first born male child, and right to my body parts upon passing.

She has lived there for almost 30 years (keeps her apt immaculate) and when I went to raise it the second time she asked if I could keep her rent at the same level because she would be moving out soon to go to an assisted living building that was being built in the area but she didn't know when she would be able to move it at which time I told her that I would be waiting for her written notification to vacate and that I would be raising her rent in 3 months had I not received it.So after that experience I have now decided to not hand deliver rent increases.

There is another group of low income people who receive a little more, but don't get food stamps.

As we all know, the mortgage business has been a tough one for the past year so I was looking to do something to supplement the decline in income that I received last year.

Short of that, $1M in sustainable receivables each year (Total Income).

I want to either receive cash back at closing or open a home equity line at closing.

When working with a dual disclosed realtor, there's a fine line between giving and receiving information.

Felix, you received some good advice here on the evaluation of your deal.

In 90 - 120 days when you sell the property or can Refinance (it's easier to refi then to obtain a new loan) the homeowner will get their lump sum check for $12,000.OR....you could negotiate with the seller to receive that $12,000 over a five year period and you would just make the payment each month to them.

I received the As Complete Appraisal today.