Jeremy, where in the new RPR program available and can you provide more detail as to what it consists of?

Maybe you could post it here or in a PM to investor(s) you know on the site and have them analyze, in detail, your mailing.

First, I really do appreciate the detailed response. 2nd; in the scenario where there is a mtg. on the house, let's say at 5%, with the original owner, and the buyer signs a CD at 6%, the buyer "DOES" get to claim that mtg. int. tax deduction?

J Scott can you go into further detail about the bank incentives?

And you can do it for just a month or two and see if its worthwhile.

Ok I've got some more details from the broker-The mortgage is a CMBS loan and the fees to defease are too big.

Also, make sure you run a full/detailed credit check.

In order to receive/access DETAILED/COMPLETE credit report info (as opposed to just getting a recommendation on whether or not to rent to a potential tenant) from ANY tenant screening service, you must have an onsite inspection by a designated third party and pay an inspection fee.

So again, sit down and discuss the details and work them out.

I give them the full list in writing when they see the place (hard to cover every detail in a phone conversation.)