I would offer him $40k and see if he is willing to bring money to the table to get out of it.Otherwise on to the next real deal...Remember 25 calls to get 1 deal

If you know one wants the cash now, that part may be sold "at the table" so to speak.Many loan servicers also buy notes, they can also assist in devising terms as to what they may purchase, so getting with a servicer prior to doing the note is a good idea.

PM me with your email and i'll send you the correctly formatted table, sorry all.

If he wants to come back to the table for your price..then you might have a deal, but I would make sure to do your due diligence.

As a reputable long lived real construction contractor (not paper pusher percentage taker GC or project manager) and REI I have always had enough work to put food on my table here in NJ (for 30 years straight) .

Plus as mentioned above, a lot of money would have to be brought to the table to refinance.- Tom

It occurred to me to wonder why we have to advertise a fixed price for rentals and potentially either waste time or leave money on the table.

The first issue - the cash buyers wired in funds for closing and because of a change to the HUD at the table there was an overage check.

So on a 100k property, plan on bringing 30k to the table.

A French poodle smothered an infant.I had the Pitt Bull, 2 German Shepard's, 2 Cockers, German Shorthair, a few others including a Timber Wolf from a pup.