As of right now I’m saving money slowly but at the same time paying off debt from college etc....

A good bonus would be if they are one of the banks with a reasonable portfolio of distressed debt they are offloading.

There is no connection between property taxes and national debt.

What does Debt Setoff mean?

Hi I am a newbie but a Quick Claim Deed contains no title covenant and thus offers the grantee no warranty as to the status of the property title; the grantee is entitled only to whatever interest the grantor actually possesses at the time the transfer occurs.This means that the grantor does not guarantee that he or she actually owns any interest in the property at the time of the transfer, or if he or she does own an interest, that the title is free and clear.

We took very little cash to, and have no debt in Memphis and have snowballed cash flow into a nice portfolio.

From what I've found CU's don't like them because their risk of you walking on some non-owner occ debt is greater.

Because of my W2 and lack of debt outside of real estate, the approval process was easy and straight forward.  

With commercial financing you can expect the lender to qualify you based on credit score and personal debt to income rate, and cash flow of the property.

He had no family and 0 debts.