Would I be correct in thinking the next step would be for them to file for a new deed of ownership with their names on it or would this need to go through probate again?

I’m looking for feedback on a tried and tested method to undertake in my entrance strategy into the market.

When I was going through school in my early years, I found that the best skill to learn was how to learn itself.If you can do that correctly, combine it with books and the internet, you can wind up making the world your mentor.BUT, I can see there are certain concepts that might be counter-intuitive to my personal opinion.For instance, I keep hearing that the best way to learn is from making your own Mistakes.I try to see the other side and I do know that when you make a mistake, it's most likely you won't repeat it... but why must you make the mistake when you can learn from someone else's mistakes?

If I remember correctly it was about $5000 on our home which we purchased for $280,000.I was required to provide documentation showing that I would be employed for at least the next year when I applied for the loan. 

This would allow me to purchase with no money down, correct?

On the math part I don't think I explained myself correctly.

Please correct me if there's one to be found at the store, but if not, how can I negotiate an amazing deal for low or no money down on one of the awesome looking Biggerpockets t-shirts?

I will Quit Claim the house to a new buyer due to the defaulted promissory Note signed to be by the old buyerIf I understand correctly, you sold a house subject to your existing loan. 

I spoke w/ an attorney about purchasing it correctly so it wouldn't seem as if I was taking advantage of an elderly guy in a nursing home.

This sneak attack method works to get a lease and your ESA pitbull in.