After down payment, I expect that the amount borrowed will be somewhere between $120,000 and $130,000 with a 2-3 year balloon payment.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Purchaser fills out the top left corner and then puts the amount due from the back of the form on Line 11 and signs it. 

They knew the location of the home, the title company contact information and names, amounts of purchase...everything.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Just look at the going rental rates (from the time we purchased) and subtract the amount that corresponds to the percentage ownership we hold?

As a lay person who knows nothing about plumbing, that sounded reasonable; he did an inspection, saw he had an issue, and said he would fix whatever issue it was for X amount. 

Hey, all I have a seller that still owes a mortgage and is behind and she is ok with catching the past due amount up and taking over the payments how do I make this happen?

You will be required to put down 10% of the loan amount.