As we made improvements, we slowly raised the rents in a manner to keep the units affordable and to meet our income objectives.

I guess to answer this question more in depth i would have to know what was the seller objections for not wanting to sign?

Again, its a personal preference and depends on your goals and objectives.

Occasionally, when you verbally inform an applicant they are denied, they will want to "correct" or add to the information and push forward with the application, so once I decide to deny, I always check off ALL objections that apply.

So how would you overcome this objection when speaking to the homeowner?

We have had many monetary dealings with each other in the past, and although we have never officially “gone into business” together, I have every confidence that this partnership will be a successful one.In terms of our investment objectives, we would like to purchase rental properties (anywhere from SFHs to fourplexes) and hold long-term to reap the benefits of monthly rental income and appreciation.

A great investment 99% of the time depends on a smart acquisition.Always base offer prices on what makes the investment work for your particular objectives.

thanks for the helpryanMost deals that fall under the label of subject-to are done without any permission from the lender and with the full risk that the lender can object later.

Mortgages are different because the object you bought will go up in value over time (even in the soft market we're in right now 15 years from now your house should be worth more).

Is the object of the bank to recoup the $15,000 and let the property go, or, given the large disparity between the balance amount and market value, is the bank expecting an offer in the neighborhood of the $150,000 market value?