The balance is being provided by the developer in cash and work.

If you put down 25% to the seller you could propose a 15 year ammortization at 3% interest with a balloon of the remaining balance within 3 years.

I think the checks and balance will come in with the institutions he would be dealing with.

Ask your contractor to bring all his receipts so you can balance the work that's been completed with the amount you've already paid him (......and make sure his receipts match what's been delivered to the job site!)

Switch them to a cashiers check or money order only basis so you force them to pull the cash out instead of balancing your rent check with other bills and seeing which one clears the bank first.If they are paying the late fee and back rent and it doesn't go over a month and they are not trashing the place you might want to keep them.

When there is something lacking in our lives, it almost always has something to do with balance.

Unless ductwork is exposed in a crawlspace or unfinished basement, its difficult to balance.

Thank you very much everyone for your detailed reply@will barnard would title docs also include any remaining balance owed on the mortgage and potential delinquent property taxes (I am assuming so because a mortgage and delinquent taxes are considered liens)?

.#3.Maintain your total revolving balances below 20% of what you have availableThis one has the largest and most immediate impact on your scores.

Until your personal balance sheet is in order don't go borrowing more for real estate.