I wish you can make it and my advice is that once you make it try to find someone willing to purchase from you "as-is" so you don' t have to fix it.

Maybe they get 5 people to pay them because the rent is so cheap!

The loan amount is so low, you might be better off simply trying to pay it down faster than messing with a refinance.

Is it because the sales price is so low, thus not providing adequate compensation for services rendered?

I use some of the sites that give me local demographic information, but cant really relate because my background is so different.

I feel like my brain is so full of my years of studying and I just need to get out and take massive action ... with help from BP of course!

I may have left out some issues, this is so long, but should cover the basics of a note and deed of trust or mortgage sale.

New Orleans is so full of opportunities, I get the heeby-jeebies when I visit there!

Welcome @Sawyer Lubke to BP, you have come to the right place to learn about REI and there is so many investors on here with tons of experience willing to help out.

If it is with a bank you don't have to worry about the contracts as they will have their own that they will make you sign within 2-3 days from the time of acceptance.Obviously the less contingencies in the offer the more attractive it is. So