Distributions would then have to be taken 50-50, correct?

ya you want revolving credit @ 35% or lower typically, correct?

J Scott is correct.

I assume - but please correct me if I'm wrong - that after the contract is accepted, prospective buyer can lawfully ask to provide the payment history, copy of lease and recent Schedule E for buyer's DD and verification.

**UPDATE**I believe my initial judge of character was correct on the investor looking to sell the house.

If the property has been deeded over to one of the heirs it is no longer considered an estate property correct?

I once spent several thousand dollars on a whole bunch of nice, full-color postcards, only to find out that they didn't produce a lick of leads for me!

Am I correct in thinking that a HELOC is a better option than refinancing for a higher rate?

It's hard to tell from some of these reviews what is good or bad.Also, if anyone has a printer that they think might be better for me, please let me know which one.I'm looking for something that has color, a document feeder, and a glass tray for scanning.

If I understand correctly, my NOI is $5397 for a CAP rate of 15%.Looking forward, I should be able to reduce the taxes to about $800 with a revaluation and market rent for 2/1s is about $550.