Are you between bryden and broad or near south of main?

Details:Outstanding loan amount on the home is $187kPreviously listed for sale this year at $250kArea comps are around $300k and rents around $2000/moPhotos in sale listing show a mild hoarding situation and listing says house needs some workMy main question is, in a sale like this, if the outstanding loan balance is $187k, is that all the mortgage company is concerned with or are they looking to make as much as possible?

Actually, I ran the report again with 20% down and got a negative cash flow and CoC because I have to service the debt.

Using only these assets and liabilities, John's net worth has increased from $125K (SFH1, no debt, no savings) to $150K (SFH1 + SFR2 + savings - LOAN). 

@Daria B.I am somewhat confused like @Dmitriy Fomichenko however with your further explanation I see the following:Option 2 -your Ira  purchased 50% of the property and there is no debt.

This is the main difference with the rent or lease to own options. 

Currently seeking out contacts in southern Maine to find deals.

The main thing is to focus on finding motivated sellers willing to do them and tenant buyers who have the means to pay the option fee and monthly rent.

My main concern is with the foundation.

I also have friends who are debt free but math would suggest they could out perform the debt.