Remember that the owner needs to give the o.k. for the bank to give you current balances on their loans.The hardshop package was submitted.

The loan balance is less interesting.

Bottom line is there is a balance between the standard of the place you offer and what the community can afford to pay.

For example, as I did not have any consumer credits and very good cash balance on my bank accounts, I got several loans for my apartments in France around 3.45%.

A buyer may not be able to obtain financing if proper permits were not obtained etc.

Banks will pay for other services but those also can be handled by licensed agents (BPO, clean out scheduling, coordinating maintenance and some evictions).Unless you want to buy a large portfolio and have a large bank balance to demonstrate Proof Of Funds (POF) assume that most deals will be through a local RE agent.

I talk to hundreds of people who talk the talk, but do nothing more than "gettting ready to get ready".Wholesaling real estate when done properly is a Low risk game.

Contractually, you can agree to what will given as a balance due, but the lender will base the loan on what is attributed, which often means that the borrower will not have the equity they think they do to get the loan.

First note has a balance of 167K $1500/month piti.

It has an assumable VA loan with a balance of 226k, and he says he doesn't want anything else but to have someone just take it off his hands.