Do not, however, attempt to do a sandwich lease option... they can be extremely messy and extremely dangerous (after doing this full time for a while I wouldn't even consider doing one myself).

A couple more phone calls attempt to make the move out process smoother and hopefully no damages to the property, but the tenant would not let me know when the good time to do inspection.

Is this a good deal or is he just generally attempting to make big profits off of me.Please, I need your opinions.

Problem is, with me just getting started in real estate I'm in no position to attempt this type of transaction but I'd love to pass these off to someone who can take advantage of these.

The agent attempted to haggle a bit but finally caved.

@Christian LincolnI was planning on starting somewhere under a broker (being an assistant etc, whatever will get my foot in the door) in SB and attempt to get my real estate license this summer.

Your best hope would probably be for the seller to attempt a short sale with the 1st mtg cooperation/approval, and get maybe 10% of your UPB.

First I want to say I'm not looking at buying a property next week (or month), but I am looking at the future.Nevertheless, I'm looking at two directions for my next move.I can stay with rentals and trying a SFH, or attempting a rehab.With a rental I will have more experience with it as I've just closed a duplex.

Some of the credit repair companies will dispute negative items over and over even if they are legitimate and accurate in an attempt to get them removed.

Starting later in the refi process may mean they are not sufficiently past some credit issue or in the end they are attempting to refi a note in default which becomes even harder to do.I suggest that #4 sees the bank, understands where they need to be to qualify, what principal reduction would be required, if any.Can't go much further without specifics, but that should point you in a direction to begin with