So far it's cost me a few bucks in time, gas, paper & other materials.

Please don't waste two months coming up with a name, designing cards, and picking the paper weight for your letterhead when you could be using that time more productively!

On paper everything looked great.

I think a lot of the time hml's/pml's sometimes don't really know what paper work is necessary and sufficient and therefore include everything possible just to be "safe".

That puts it at $115k as a solid investment (on paper).

Rick H.Maybe those that sell yellow paper!

Realtor says since their is a lien on the home, that I need 2nd mortgage to sign papers to let us pay them less then what owed to them.

You will complete The Power of Paper: Secrets of seller financing and the business of notes ready to:Qualify and gain a comfort level with the buyer prior to the sale by obtaining as much information about the buyer as possible in order to ascertain their ability to make payments and honor all other covenants of the loan documents now and in the future Structure the sale and resulting note and security document in a way that is legal, provides the most protection, flexibility and marketability and facilitates an exit strategy for the seller in the event of changing circumstances; Develop a system that will provide organization and detailed and accurate records relating to the loan and the borrower.

Being good with numbers will indeed help you as youput pencil to paper to work out the details of a prospective deal.

Now I started out with a piece of paper and pencil so don't complicate it too much.