Reason being as prices of groceries, cars etc go up so does the rent received and the cost of the mortgages do not and of course after 30 years they are gone.

I remember chatting with @Henri Meli about local deals and then he pulled up an alert on his phone on a Durham duplex(probably the same alert most of us received that day). 

I asked several questions, including that one, in my initial email to the assumptions department for the loan servicer, and the only response I received was a copy of the assumption application package. 

They must receive a w2 or 1099.

@Jay HinrichsI only do notes in the US and i buy MFR in Montreal, and no i never looked into Portfolio interest...i just googled it; i'm not sure if i'm reading this right, but is it a tax exemption on interest income received for foreign investors????

Hello,Is there a good and easy way to receive rent from tenants?

I have received word that borrower who defaulted on loan has accepted my proposal for a deed in lieu of foreclosure.

Hi Seth,Yes, and most of the information I've been receiving from BP has been telling me that it is better and easier to invest in the safer areas.

When I see them I recommend my clients have an engineer evaluate them and see if they are just settling or an issue that needs attention.

Ouch.If you foreclose on him - you receive an unfinished property, and you now become the rehabber.