Do Sellers look at DTI ratio when doing a owner to owner transaction? 

They'll want to loan on a lower loan to value ratio as well which makes pulling cash out to pay off your CC debt hard if not impossible. 

A DTI (Debt-to-Income) ratio of 50% or lower, when including all expenses you pay/month, would be safe IMHO.

The buyer sold us the home for the full price + some transaction cost, so he got his earnest money back and paid us back with our money.

It positively influenced all parties, expediting the liquidation for our former client while reducing transactional hurdles.

Also, I just read up on the program, is it true that they take half of your profit for EVERY transaction, or just w/in those first 90 days?

@Mark PayneYou can buy the note but it seems like this transaction was not done properly as it should have had a recorded mortgage to secure the propertyWas there never a recorded mortgage?

The lower the cap rate, significes less risk, better client profiles, etc.

People are renting and their standards are going to be lower than you might expect.

I have either kept their rents lower than the area average market rents or made a small downward adjustment in rent in conjunction with not raising the rent for the current year to help offset the initial cost for the new addition of them paying for their heat.