It will actually walk you through all kinds of scenarios you might encounter with notes such as balloons, paying partials, remaining balance on existing loans, calculating your roi, calculating offer price based on your roi etc.

And, I have a standard gas powered furnace with AC unit, and they need to remain operable.

Some form of debt forgiveness without the phantom taxation so they can move on with their live and not be forever saddled with a debt they can't ever escape.Or, perhaps some sort of principal and rate reduction for people who can afford the new terms and remain in their houses.

Our bid to award ratios remain strong; currently we get 2 out of every 3 we bid on.Good luck.

The thing that has me scratching my head is that there has been a noticable decrease in the number of REOs coming on the market, while the number of lis pendens filed in my county has remained the same (roughly 2k/month).

We would live in one and rent the remaining three out as income!

But by allowing my post to remain, you have to worry about the heated discussion that may transpire, which will be a pain in the backside for you.I understand if you want to pull the post.

I have a seller that have small loan took out last year at 6.5% and I'm trying to buy the property "subject to" and remained balance give him in cash.

And since you're buying in a solid suburban neighborhood at prices that are still well off the 2006 highs (presumably), and well below replacement costs, you are "nearly" assured of at least remaining flat on appreciation, and likely 2-3% annual growth.

Where our clientele is almost exclusively international students, many come from a cultural background where co-ed cohabitation {family members excluded} would be unacceptable.I'm not saying I'll never see through my initial plan to transition the house into two conventional apartments, but as long as the risk/reward and workload levels remain where they are presently, we will keep things as they are.