One partially remodeled kitchen and partially remodeled bathroom.)Entire back half of roof was replaced in 2013Interior of house is in good condition.Possible owner financing scenario:Down payment $10,000Amount financed $29,900Monthly payment -- $284.7530 year amortization10 year balloon payment No prepayment penaltyProforma Income and expense statement:Gross rent $9,720 ($460 per month + $350/mo.)Less vacancy 5% -486Net potential rent 9,234Expenses:Taxes 2012 $1,068 (taxes have been appealed.

And will only get shorter term (15-20 year max), balloon, or ARM financing.

Even though we're licensed, it's still just habit to walk up to every 3-letter combo box and enter OCN or AMN

What didn't she understand about the letters and notices that proceeded this?

The reason I love this site is it feels good to talk to people that know numbers and letters, where as I'm still sifting through ideas and strategy.

I just started my first direct mail campaign this year.On my first mailing I sent out about 1,000 yellow letters.

I let everyone know that it will be available soon and i will accept applications.Well now after checking my mail, people are adding letters to their application.

The bank can evict, but that is an additional expense to pay to have an empty unit that increases other risks of loss, so can't say.You should ask for an estoppel letter to verify leases and rents paid from the tenants, ask your agent or attorney.

Do a search on here as well as a general google search and you'll have your answer pretty much......1) Domiciliary letters so you know who is the Personal Representative2) inventory list so you can determine if they own a home3) Address and phone number of the Personal Representative4) Proof of Heirship, if there is a surviving spouse, odds are they are not going to sell the house so move on.should be enough to get your search started before going to the courthouse.You need to approach the people at the courthouse in the right way or they will make it very difficult for you to access the records.

This doesn't include closing costs.Mortgage 2 = $16,667 @ 12% interest only, 5 year balloon = $167 per monthUtilities - if Landlord pays utilities, need deposit for water, trash, electric.