He has already received a letter from the bank detailing his options.I see.

If that is the case, there will be two addresses - the property address and the mailing address - both on listsource and at the county.

Or PM me the addresses 😁

However, everything else about this property lines up very well, and I want to pull the trigger or move on asap, since I've already analyzed it forwards and backwards.Here are the details:625k PPcurrent monthly income $5,600, annual income after expenses (utilities, taxes, maintenance, repairs) is 46k, which would cash flow after debt service, but not a ton.However.

I guess the only other detail we don't know that may be important is how much down payment they're requiring of you.I'm of the opposite mindset. 

Again, thanks ton on the insight and detailed response.

I have the addresses and their contact info, but am kind of anxious about getting in on this before I get in over my head.LEZZGO!!!

One of the side-effects of this is new members often ask questions that are the same as topics that have already been discussed in great detail.

@Jason DiClemente$85,000 with 10% down -8,500$76,500 financed at 7% for 20y Tax and insurance = $400 a month $593.10 or 993.10 ish I want a 5 yr ballon loan where you would go to a bank to get a regular loan in 5 years.These are some some of the details.

You build your portfolio as fast as you like.Happy to address the other providers in a private message if you like.As always, feel free to contact me anytime.Continued success!