Why, banks want real skin in the game, real equity for a 75% LTV loan, to date, a soft second filled the gap allowing a borrower to get in under the rules, but was more likely to walk away.

I have no emotional attachment.This puts me back to Square 1 and I will no doubt come again seeking further advice, and welcome all Naysayers of course.

The signed walk thru sheet is also critical.Then, if you think there will be a dispute or you need to seek damages, take pictures when the tenent moves out.

If you are seeking to finance the transaction a good mortgage company should be able to facilitate the transaction for you.Good luck on your transaction

I didn't make any money but learned plenty.My current plan is to seek out a real estate developer / investor in the Destin, FL area for whom to work.

It appears that Alice has drawn up a few posts from the dead -- both of which have offered an opportunity to advise that the users seeking money pay for training -- take from that what you will.

Now you may find somethimes that what you seek is right under your nose just keep looking 8) !

When you are all done send the son and the dad a bill and after about a week make a nice call to the dad and let him know you haven't been paid and would be going to small claims court to seek payment from him and his son.

Seeing this thread encourages me to be more courageous and seek out people.

If however you are seeking 10,15,20 year fixed loans expect the basis points to jump 75 to 100 into the mid too high 5's on average.