Perform my analysis on the property to ensure the numbers make sense.3.)

They are like apples and oranges, so I'd bet we can make this thread more valuable by being specific :-)

Your best bet may be to sell the house may be to an investor for cash since an owner/occupant may also have difficulty getting a mortgage loan.

HI All,Any thoughts on investing in private lending vs hard money vs 1st position performing notes as far as 1) typical returns and  2) availability/ease of finding good investments in said category.

I bet you guys are excited to get things going you are in a good state to be flipping or making rentals for your portfolio.

When you get a loan servicing company you don't like, your best bet is to make your payments via snail mail check, with any additional payment being a separate check with "principal only" written in the memo line.

I then continue to explain that I would like to see the financial performance of the property(usually they have a historical NOI calculation).

This is a  "Subject-to" transaction, hopefully using two notes.A seller is willing to take I/O for 20 years is probably 1 in a thousand and they will be taxed just as Greg is, make that 1 in 10,000.I'd bet Greg doesn't mention the other issues with a Sub-to, foreclosure, Greg can only foreclose on his interest, that could be paid off, the note to the first seller is pretty worthless, that can end up going to the state in a medical issue, then there are risks of bankruptcy, law suits by other parties, collections and servicing, deed transfers, insurance, liens and the list goes on, which is why you should not do long term subject-to deals.      

 @Stanley Kong I just received 1 month notice in my duplex yesterday and I believe I will list for 1200, I try to Keep things clean and performing well and it will be at the top of the range with a monitored security system and dishwasher.

Aren't you paying to perform the background check on them?