When the author mentioned the "discount you require" he probably (hopefully) meant the discount rate that makes the net present value of all future cash flows from an investment equal to zero.

Here's the skinny...Pre-Foreclosure - FHA loan @ 59,872 balance(7 months behind on payment - Co borrower passed)After FINALLY getting through the Signature Authorization approval process they have at US Bank...

Helping first time buyers is something I have a passion for and I look forward to helping you with this exciting chapter in your life.Be sure to take a look at the official government website for more information or contact your mortgage broker.http://portal.hud.gov/hudportal/HUD?

Similarly, we would keep the insurance in our names and simply add the buyer as an interested/authorized party on the insurance.  

As Terence mentioned, check out your county's Section 8/Housing Authority agency either online or by making a quick call to find our how to go about this.

@Ariel O.I've found that I can't get any tenant-specific information from HUD caseworkers until I am officially their landlord and I have to wait for the title to be sent to me after closing to provide that to HUD as proof of ownership and therefore the new landlord.

Find them through Google and meetup.com You can call the club officials and vendors for a referral.Two Great reads, I bought both J.

I can't remember the author (sorry!).

Some of my tenants go to my bank and do a direct deposits to me account, some do automatic online payments from their online bank, I use ClearNow for some tenants - this is an automatic withdraw from their account and I received authorization in advance.

I haven't sent enough direct mail to be an authority (I've got most of my deals from calling FSBOs).