From what I understand probate is definitely worth learning.I have already sent some letters out and I learned some new things and I wanted to confirm.Thanks Rick.

They have sent letters to tenants requesting them not to sign new lease until they meet and know what they will pay towards their rent.Was wondering if anyone with Sec. 8 tenants are seeing a cut upon renewal.

I'd finance either with a 75% mortgage, 4.75%, balloon payment in 5 yrs, 20 yr amortization period.

Tenants have brought in letters stating - do not sign new lease / you might not be able to afford your part after they go over their status for the new year.

This was put in a 6.5% 5 year balloon note and would not be reported to my credit agency from a local home town bank.

There are no balloon payments (final lump sum) or deadlines when you need to pay off the property.

., you need to do POSTCARDS, not letters.

If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key, type the @ and the first 4 letters of their First or Last Name.

Look below this Window, and you will see a list of names of people that have posted in this thread.Click on the name of the person that you want notified via an email, that you responded to them.If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key, type the @ and the first 4 letters of their First or Last Name.Then look below this Window and click on that person's name.Raymond

Sounds odd, on a loan mod the amount typically "set aside for now" stays as a balloon on that mtg, and doesn't generate a second lien.