•A proven business leader with 25+ years of management and technical expertise holding multiple leadership positions within real estate, manufacturing, sales management, business development, publishing and hospitality fields.

That way, sons pay for the down payment, make the payments, parents are the residents, and sons acquire ownership in the future.

Account Closed Yes I am trying to acquire a wholesale deal  in Philly either shell condition or rehab for buy and hold. 

So she is motivated to sale ASAP.

The only reason it is structured as unsecured is if 1) the borrower's net worth is substantial and it's basically a credit card or 2) collateralize funds cannot be secured for a specific reason (such as high volume inventory purchase/sales) but the ave balance stays constant.

Can I contact the bank as an investor to try to acquire this property?

Generally houses are sold for market value as determined by comparable sales not net operating income.  

I went to one of the free guru seminars,  signed up on BP and my local REIclub, I'm starting the 75 hour course to become a licensed real estate sales person and  Ive been reading through the forums and posts here on BP as well as well as webinars etc.

When attempting to purchase a pre-approved short sale, is it possible to negotiate a lower purchase price? 

That way, sons pay for the down payment, make the payments, parents are the residents, and sons acquire ownership in the future.