Is the borrower perusing a short sale now?

I intend on borrowing from him again should everything go well, if that changes the approach.Thanks!

Many/most "cash-only" Sellers don't mind if that cash comes from BORROWED money - but they're mainly making the point:- your Offer must NOT have a financial contingency attached to it, and MUST be able to close within the stated time-frame.

If other terms (i.e. price, down payment, interest rate, balloon, qualifications of the borrower, etc.) are to my liking I am usually willing to extend the amortization period.

Yes the banks will limit your borrowing after 3-5 purchases as the risk goes up.

Just posting this to see if others who buy NPLs and do loss mit have had any success using a virtual assistant to handle borrower outreach.

So if you have the foresight, it's not a terrible strategy to max out your TSP on day 1, wait until your eligible to borrow the max and use this money to generate income.

If you are borrowing money, the best rates and terms are found at 4 and few units.

Not many people do it, but you can also borrow against your life insurance policy to purchase real estate.

I'd like to lock in some more long term debt while we still have sub 5% borrowing capability.