Now, if you look to FSBOs that are 90+ dyas on the market, motivation changes and they may see that they are not drawing in traffic.

The bank just needs to see a sales agreement with the seller offering the second for 20%.Can I draw up the promissory note, mortgage for the second and sales agreement myself and submit it to the bank, then get the attorney involved just for the closing?

(basically additional time and money before they will have it off their hands)If you get a yes back, contact a GOOD real estate attorney and have him draw up the assignment (speak with him/her first and get the correct name of the assignment form as this varies slightly in some states....and be SURE he knows EXACTLY which one you are referring to).

But many folks use the 1% rule, do that would probably draw a buyer.

Oh.We produced some UPVC window for a America customer who is in Chicago according his drawing. 1127 sq ft.various size and shape. double pane,low-e,The cheapest is 90USD/sqm,the most expensive is more than 200$/sqm.

If they want to draw the conclusion that the property "sold"--which I think the loan officer did anyway--they could call the loan due.

How about drawing a salary during the early period, any opinions?

After you come to terms, have an attorney well-versed in real estate draw up the paperwork.

Hmm i think determining a good deal would draw on all three of those points... knowing the market is a must, and I'm sure that with experience I'll get a better feel for what's a good deal and what's not a good deal.

I'm glad I learned it at the beginning, as I'm a newbie landlord/investor, but it has factored into my subsequent offers.