Jeff: Somewhere on here I have a lengthy post about using vendor financing (a vendor carry) - I'll try to search for it.A vendor carry for either the whole amount of the property (minus downpayment) or just a portion, can be advantageous to both the buyer and the vender.  

This includes about 2,714,075 sq. ft. of underground storage facility.The man-made cavern was formed as a result of room-and-pillar limestone mining operations at the Property that took place from 1886 to 1944, creating two interconnected mines, known as the East Mine (about 15 acres) and the West Mine (about 45 acres).The developed portion of the mine, about 1,013,000 sq. ft. http://gsaauctions.gov/gsaauctions/aucdsclnk?

In our case we use private money/hard money to perform the rehabs so unfortunately can't offer owner-financing to our buyers as the money we are paying is too expensive to make it financially feasible for the buyer as the interest eats away a large portion of the rental income.  

Rehab portion of the loan typically not to exceed 100% of acquisition cost unless otherwise approved.CLOSING COSTS :Up to $1200 of closing costs (i.e. title insurance, recording fees, etc.) can be financed as part of the loan proceeds.GUARANTEE:Personal guarantee required.QUALIFYING DOCUMENTS :Investor Assessment FormLOAN DOCUMENTATION:(For Each Loan)Purchase AgreementSummary of Rehab Work to be CompletedAfter-Repair-Value Appraisal (Obtained by Brookview)Tile Policy (Obtained by Brookview)Brookview Deal Submission FormPictures of Rehab PropertyHome Inspection3 months of Bank Statements2 years of Tax Returns3 Most Recent PaystubsSigned 4506-T 

There is a very active market for these notes but the price you get will depend on a variety of factors as mentioned above.One key factor is the LTV,  If you have a new note without a lot of seasoning and/or a high LTV you can sell a portion of the payments, this lets you get some money out of the note and avoid the larger discount that comes with selling payments farther out in the future.

ERENTPAYMENT - Massive failureSome payments made between7:31:00 PM (PST) 10/3/17 -7:01:33 PM (PST) 10/12/2017. have not been distributed to landlordsBE ADVISED CHECK YOUR ACCOUNT AND ALL PROPERTIES FOR PAYMENTS PROCESSED OCTOBER 2017A portion of the letter sent to landlords using Erentpayment below-"Valued eRentPayment.com customers and affiliates,Convenience and excellent customer service have been at the core of eRentPayment since I founded it thirteen years ago.

Combined it is barely 3x, and I am not sure the beautician income can be verified, but makes up a significant enough portion for it to matter.  

Dishes and food in the sink, a spill (perhaps soda) that's deteriorated a good portion of the kitchen floor. 

But in this scenario the bank will own the house (especially if she outlives the money from the loan.Steve, the bolded portion of your statement is definitely not true. 

The reality, in my experience is the contractor does the work for whatever the final estimate that agreed upon with the insurer.Now, the way its paid is that the replacement cost estimate is split into the cash value portion and the replacement cost portion.