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.

bank has 'babysat' since.55pads, 10 rented at 230/mo each. 45 vacant. monthly after expenses 400 under current 2300/mo collections.bank wants 250k or 20pct down to finance.the current numbers dont support. not positive community will rent the spots with flood so recent and serious in their mindsbut, it may be a deal w the right offer. ideas?

If you ever find yourself in a position to learn from or interact with this powerful woman do it!

Not sure how they are in Cincinnati though.It seems like you are well positioned to do well with REI and it'd be nice if you keep us posted on your progress!

My question is are there any specific turn-key companies any one can reference they have personally dealt with and had a positive experience.

The advantage of this is it is their job day in and out to qualify borrowers and if they have a positive track record your money is fairly safe with them, compared to you trying to do it yourself and getting taken.

Each professional relation is much enough helpful to grow in higher level and after all it create a very positive mental stand.