Do you know if they work in specific areas or is it a company that works nationwide?

The reason for this was two fold. 1) apartment prices have gotten outrageous and we only try and buy outstanding deals. 2) we all want to get into larger multi families (20+ units) and feel this would be a great way to build up some cash to finance those goals.

I want the credit report to see what addresses they have lived at (looking of undeclared addresses) and what outstanding debt they have (collections and/or unpaid utilities).  

Typically building material prices jump up, sometimes nationwide, and contractors will be slammed.

Is it possible to contact the bank (assuming the loan is still outstanding) to purchase the house?

It's worth $148k today with an outstanding principal balance of $61k at a 4.875% 30yr fixed mortgage.

I should have a good amount of money saved up for any cost the deal will bring, and my credit is outstanding, so getting approved for the deal won't be an issue!

I think you need to consider life insurance based on your family and outstanding debts.

Plus we can also use 75% of the going area rents in the area as part of your income to qualify.Regarding the student loans, Fannie and Freddie both require 1% of outstanding balance for student loans if payments reflect 0 or are deferred on the credit report.

@Vince Gethings, I am a nationwide loan broker and my lowest minimum is $45,000.