So cash positive.

Then evict them for breach of leas4- your lawyer can find something they did- always negotiate from a position of strength- I have found w/ a threat of criminal action most people back down.Dont let these bums push you around!!

I think I am gonna pass on the deal, the financing I can get at the moment isn't great (5 year ARM) and with my understanding of economics I don't want to position myself near anything that is based on long term treasury rates.

You are perfectly positioned for a technique we commonly refer to as bridging.

The key is to make sure there is a positive cash flow as it is now.

Not following such practices can put a seller in a position of predatory dealng.

The seller's putting you in the position where you have no other choice.

I have two SFR that I purchased in 2004 with positive cash flow.

I'm normally a positive person, so don't let my sob story above deter you from contacting or meeting me!

If I was in the position it sounds like you're in I would do this.1) Lower the offer to 35K seller financed and she is no longer responsible for the taxes.