You have to fail at least once to be considered getting something PERFECT.

Get a construction loan from a local bank.

Hello all,I am currently negotiating with a bank on a REO over my first property.  

Hello all,I am currently negotiating with a bank on a REO over my first property.

But the Cash Flow analysis fails to meet my minimum criteria.  

Looking like it’s going to be an eviction after getting a ******** excuse from a tenant “their ex stole all of the money out of their bank accounts” lol.

I closed with commerce bank this year on my rental.

Also, what do note servicing companies or banks charge to service the note?  

There may be ethical reasons to not assign a contract (my personal opinion is that (1) if the contract provides seller financing or other terms that rely on the performance of the buyer after the closing, it is unethical to switch buyers without the seller's permission or (2) if you haven't properly vetted the assignee or used language to prevent them from also assigning to someone who can't perform and you are not able to close if they fail to, that is not fair to the seller) but that is a personal opinion not a legal distinction.I'd be interested in taking assignment of your contract if it is a truly profitable deal. 

I am not going into this with no bank acct to cover these unforseen costs.