Here are the 4 linesTotal Interest Applied 2011 $xxx+ Payments Applied to Previously Deferred Interest $xxx+ 2011 Interest Applied (Prior Years) $xxx= 2011 Mortgage Interest Received From Borrower $xxxThe mortgagor refinanced in 2011 tax year.

I would much rather at this stage by or build good properties that I might add to my portfolio and receive maximum depreciation and some cash flow.

However, I have other tenants that deposit rent directly at the bank with a checkings account # that's strictly used to receive rent.

Can you kindly tell me companies to apply with to receive more BPO's?

(as long as this is on the up and up) As I see it, Seller and Buyer agents receive their funds from the seller.Rusty - I have approached REO listing agents in the past.

At closing you will release the option with the owner by signing a release agreement and will receive a fee for doing so.

If you can offload 90% of the work and still receive 50% of the cash, that should fit your philosophy of management PERFECTLY.

If one wishes to carry back paper on an asset they own free and clear and later pledge the loan receivables as collateral for a new loan who would they normally contact to loan this money?

Unfortunately I think you will find that section 8 cares more about their tenants than the landlords.I have gone the route before of section 8 violations and the case workers do nothing.You simply have to evict the section 8 tenants.Mine not in compliance went voluntarily.It was a case of one great tenant next door had a small child care facility of watching 4 to 5 kids.The section 8 next door that were inherited tenants I received upon inspection had a pit bull and a rottweiler.They were told that was a violation of their lease.We evicted and they said they had gotten rid of the animal only to find they were hiding it and was back again.The parents dropping off the kids were scared of the pit bull for the day care next door.This tenant also had a portion of utilities they were responsible for after the voucher paid.They went round and round not understanding why they paid the difference etc.I can tell you when you look at section 8 it is great as long as you pay attention to the voucher.If you want to rent for 800 and the voucher is for 500 then don't do it.They simply will not make up the difference.If it's only 50 bucks they have to come up with then they can usually pull it off.Section 8 inspectors are real picky on all the things they want fixed before you pass inspection.If a tenant wears down a property heavily each year and you have to put a ton of money in to pass inspection each time that is a consideration.Don't be quick to evict the other regular tenant.You have to treat them like a person with a mortgage falling on hard times.

In my county, they have an accepted practice of the attorney stating the "upset bid" as being the amount the lender expects to see in order to let somebody else get the property; and the attorney's actual bid will be given as "costs", an amount far below the "upset bid" (this practice is used so that the lender does not have to pay additional amounts sort of like commission to the sheriff based on highest bid received).