Interest is accruing on the unpaid principal balance at the rate of $22.5728 per day after January 29, 2015 until the date of entry of this judgement, plus interest on the judgement amount (principal plus the shared appreciated recapture plus interest to the date of entry of this Judgement) at the rate of .33% computed daily and compounded annually, until paid in full and for the costs of this action, pursuant to Judgement and Order of Sale, being Civil action #..... entered on August 4, 2015.Minimum acceptable bid is $35,510.00.Terms of sale:  ...This sale shall be in bar and foreclosure of all right, title, interest, estate claim, demand or equity of redemption of the defendant(s) and of all persons claiming by, through, under or against them, provided the purchase price is equal to two-thirds of the appraised value.  

. , you are fine because you contacted underwriting and hopefully received an underwriting memo underlining that they expect coverage to pay out for property and liability even if the LLC is the sole named party in the lawsuit, but as many do not have the ability to contact underwriters directly, they cannot do the same.

(They want to be able to have parties, smoke quasi legal substances, they want to have bbqs and a backyard to call their own etc) Also believe it or not some are still price sensitive (if they don't have an unlimited student loan or bank of mom&dad).My 3 Fanshawe rentals are all in this neighbourhood.

I found private money lenders, as in individuals or husband and wife team locally that just loaned on 2 deals and working a third in the last 30 days.

According to the parties involved, the notifications from the mortgage company went out to all parties.

@Kal PaneliyaA contract can be amended before closing with the consent of all parties.

The hardest part is getting that first deal/property!

@Stanley Kong  There are disclaimers on listings.. any item on a listing is subject to second party verification.I really like the big bold one on the Charleston SC MLS system" if square footage is important measure"  this clearly denotes sq. ft. is estimated if you want it exact you need to do your own measuringIn the foreclosure or distressed asset business some of the best deals are when the bank or seller mis states sq ft..

I'm relocating to Birmingham, Alabama in a couple of months and I want to do a lease option to purchase on my first home and rent out the two other rooms to tenants while I'm living in the third room.

It sounds like the question comes down to if party 'A' keeps the SDIRA and party 'B' stays in the house, there is mostly the '20% difference' to account for.