He looked at his paperwork, and it says the loan is assumable as long as the bank verifies FHA qualifications.IF he can do this, what should he ask for in the check?

These guys are smart as hell, and other pvt equity funds are committing multi-hundred million dollar amounts INITIALLY to buying bulk REO, rehabbing, and renting, cashing 10% coupons while the market recovers and delivers nice gains down the road.

I am an ex real estate agent and have over 15 years in and around the Real Estate industry.I am looking at using Lease Options as my initial means of buying from motivated seller and selling to tenant/buyers.Any and all help and advice will be greatly appreciated.

You may just be a 'victim' of one of such calls.An issuer may call its debt (prematurely pay off initial investors) for a plethora of reasons especially if it has a cheaper source of funds, ability to fund its functions with internal or alternate funds or just due to adverse drastic rate changes in the market.

It is clearly stated and they initialed right next to it.

Most attorneys offer a free initial consultation.

This is performing agency service for you, and they'll earn realty commissions, so this is their initial incentive and compensation.

Essentially, I am pursuing the house initially as primary occupant, but framing it in my mind like I'm purchasing an investment house, with rent payments guaranteed over the first 4 years (from my own housing allowance).

I was apprehensive renting to a family with multiple kids also, but they qualified very well and were the first to look at the unit and said they wanted it on their initial walk-thru.

I'm sure they will verify my repair costs but I have a pretty good idea on them and a proposal from my contractor.