All I did was share my experience and how the actual product and process stood up to ABC Capital's marketing pitch.

Hi BP Community, I just purchased a foreclosure in Walton, Upstate NY as a getaway from NYC and while I knew the roof needed to be fixed, I just found out that some areas of the roof need to be entirely replaced as they have a very low pitch and currently have shingles (Not sure why they did that in the first place). 

As a side note if they have only been making six months of payments I do not consider that a performing note - it is a Reperforming note with minimal seasoning and I would not bid as if it had 12+months of seasoning

Hey all,When a potential seller owes money on the house he wants to sell, how do I pitch a win/win seller financing option?

They will still get their lease fee.I say if you live close, are handy with repairs, work on minimizing your workload (set up electronic rent payments to keep from picking up rents, schedule maintenance to minimize repairs, etc).

My guess is that the damages for each plaintiff are minimal in most cases. 

If you calculate those at minimal levels for a building like this, say 5% each for a total of $100/month, you will net $170/month.$170 x 12 = $2,040 net per year.  

Everything you mentioned about your endgame makes sense - get 1 @ 2.5k, minimize your burn rate and allow you to pursue your true passion - becoming a filmmaker.

These are pretty minimal requests given the length of time they've been with you. 

I get the gist of it but need to understand fully before I start pitching it to potential lenders.