They are willing to seller finance the $71k duplex for $7000 down and roughly $700/month amortized over 10 year @ 6% with no pre payment penalty.  

It could also allow you to finance the property more easily, as you won't be dealing with the pre-repair value and condition issues that may make it more difficult to get financing.

Here in florida in my reserch i have found lot of pre and forclousures but i dont have a proof of funds letter and is stoping me from going after them, if anynone has a way of doing it please let me know. thanks

:You need to get 3 years of operating statements and a historic rent roll. 

I am considering taking the Salesperson Pre-Licensing Course and Property Management Course in 2016.  

Agent says on the tax rolls all of them are manufactured homes, even the ones that are “stick built.” 

Now for the easy part:Get a list of all the properties in the area you like from the county (tax roll list) or a data company.  

Hi I am working on getting a couple loans for some rental properties and some of the lenders are needing appraisals done on the home which I will have to pay for out of pocket. I am trying to be super carful with thes...

Also, no points as pre-paid interest is common on private money and applicable to any equity funded note (seller financing). 

Once I get the ball rolling, I will keep an open mind on location (within 1 hour drive radius).