Can you pay basic expenses and current regular maintenance?

I finally received a much need promotion about half a year back, I have been saving up some funds.

Had we been inspecting regularly, we would have caught this in the early stages.

Until he is making enough money from investing, he will be receiving a regular check from ssdi, so he will have that money to show the bank.

Don't listen to the gurus and see for yourself by bidding consistently everyday and you too will notice patterns in the counter offers.The secret is bidding regularly so that the asset manager gets to know you and you will start to receive notifications when HUD wants to get rid of the property.

{I just looked and the reduction in cash-flow is presently 2.3% ... quite irrelevant given the good it produces.Now, during the first term of any mortgage, we will make regular principal prepayments provided we have sufficient reserves in-place and no immediate higher use for the free cash-flow.  

Handing someone a gift is a courtesy that doesn't promote a relationship.

Rick,Check out this great post by Steve Babiak The Essential Guide on How To Build and Promote Your Buyer's ListYou can always post an ad on craigslist 'Looking for cash buyers', also networking with other wholesalers and at your REI club is another great way to find buyersGood luck

I would like to have it in my name so that I can re-finance to a regular loan in 2 years and pay him off.

I found a lot of his processes to be very people friendly and all about promoting and creating "long term, good tenants".