Especially the good properties where there will be many other interested parties.

My question is what have you done to make yourself stand out from the rest when going after the homeowner who is facing foreclosure?

Common area expenses, taxes, insurance, etc. do not go down with occupancy, as such, the rule must be adjusted accordingly.Yes, you can certainly make loans with your IRA (just not to yourself or any other disqualified party.

What, if any, 3rd parties are you using and how?

Hello Hung Nguyen:Keep in mind that many lenders will not accept a short sale unless all of the parties involved (buyer, seller and agents) sign an affidavit of "arms length transaction" stating that there is no agreement or understanding, written or implied, between the buyer and the seller that allows the seller to rent or regain ownership of the property in the future.

You should ask the company where their case stands and if that is why they are not lending.

Offer a 4% commission(unless you already are)then create text message with pictures and sound of you describing the house in an up beat voice(see youtube.com for how to instruction or pm me)then send out a big blast to all other real estate professionals brokers, agents, investors, mortgage brokers, etc...This is a marketing trick I learned in NYC during my times as a party promoters.

If your a small time investor you stand to make a better profit potential and can afford the insurance.

If you were looking to purchase a buy-and-hold rental in this manner, what sort of terms would you look for that would be fair to both parties involved?

If I can get somebody down to a price that seems like a good deal, I'll add that property to a list of properties which I'll take with me to REI-organization meetings and other networking parties and try to see if somebody might be interested.As far as owner financing goes: It kinda sounds like I need to find somebody who's having a hard time selling their house.