Hello again Janet and fellow investors,I'm not surprised when you mention creative terms such as owner financing and lease options, things get a little heated.This reminds me of the Auto repair shop that we built from scratch, and even during some pretty tough times, we were able to grow it by focusing on giving our customers "WOW" service, mixed in with a healthy portion of ethics and honesty.We also invested the time and money to learn the complex workings of today's cars, which allowed us to fix them right the first time!

The home we inherited does not currently have a mortgage on it.We are looking at refinancing our primary residence, and I'm thinking there will be a tax benefit to shifting some of our debt to the rental property, but I was hoping someone on this forum can validate or disprove my thinking.Every year we end up paying the Alternative Minimum Tax, which makes a portion of the mortgage interest on our primary residence non-deductible.

They get you to wire them back a small portion of the check because it was accidentally too much (many variations on this theme).

The portion of the law that I find interesting is bolded below: 2945.1.

Everyone grasps the idea of prepaid expenses, we pay our yearly insurance and each month we take off that portion that has been used, if we cancel the policy, then we get back that portion that is as yet unused.

I have dedicated a large portion of my time to my education of real estate, with a concentration on wholesaling.

The advertising portion listed Direct mailing as the least effective form, way behind even yellow pages, which is also dropping like a rock.

The original buyers went with the "no money down" deal. so there are 2 loans.. the bank with the 30% loan want's to sell it to me. the other won't return my calls. my question is: if I buy the 30% portion. can the bank that owns the rest of the house sell it?

3.Will I be required to pay subsidized portion back after I sell for a profit?

This will affect the available credit portion of your score, if it happens, so use them to pay for your gas at least and pay off the entire balance each month.