Here's a brief summary of the plan.Husb/wife (Holders) own property in a LP.  

Remember, the holder of your note is an additional insured (or something like that). 

You might be able to salvage this by telling the tenant you will pay to have the locks changed asap and you and her will be the only key holders and pray she doesn't sue.

At the time I did not have a visa so I left and rented out the house for a year.

I wouldn't have bothered calling them if they didn't have those visa/mc/discover logos on their ad.

You have to have a VISA etc. and deal with a smaller bank or lender. 

Many owners make up fake books to sell, never use thier numbers unless verified.BTW, a seller financed foreclosure will hit you credit, it's public knowledge and it can be reported from the filings as evidence since the note holder is not a credit reporting entity. :)

Now, I know Dave says he doesn't, but being a MB or institutional dealer makes a big difference, it's different in some areas of a regulated entity and some guy off the street, you're not going to carry as much water and a bank may just move forward with a private note holder.

You've done 2 things, first of all is achieving 6.5% growth in your money immediately + whatever growth you would receive on top of that by not making monthly payments to your loan holder and you've minimized risk on that part.

Banks and loan servicing companies will not talk to you period unless you are 1) the note holder or 2) authorized on the account.