Lisa is such a great asset.

It is an expensive lesson to learn.all cashI am the worlds greatest authority on my opinion

When he does his DUE DILIGENCE he'll find out that his $200K note is maybe worth $140-$150K, at which point he is quickly going to realize that by just cutting his price to that range he opens himself up to a much larger market.People who have accumulated sufficient assets to own a $200K property, free and clear, have probably lived long enough that they check out things they are told.

Loftis, EsqI found this book to be very useful and it explains how each state works, examples of what to do and what not to do, tips for the actual auctions, and tons of emamples from the author's own experience.

CoLetter To Lender Limited Power of AttorneySeller Disclosure and Addendum to the Sales Contract Authorization to Release Loan InfoOthers that I'm not aware of?

Snake it out and bring up a kid's doll baby, that's on them, kitchen sink stopped up because they're pouring grease down it, that's on them.My lease also spelled out that ANY REPAIRS not authorized in advance were on them.

At some point, I think you become a target, and should protect your personal assets.

Can you prove income or assets so you can get a loan?

A good agent can be a great asset to your investment team.

Although my mom's will stated that all her assets be sold upon her death (including the TH), it did not have to happen immediately; no one was throwing me out on the street just to sell the property.