We continued to live with our parents, save money, pay down our $50,000+ student debt bills and more than anything learn and invest in real estate in our hometown.However, after 18 months of relentless studying, networking, calling, door-knocking, and driving for dollars everywhere in Indianapolis we identified two duplexes via our newly built network that finally fit our goals (and that we could afford).

Back then, i had some unpaid debts "Post 911 unemployment" and left the country.

. - year of debt service in an escrow account) if you had it to tie up,  would help to get the deal done. 

(For Newbies That's the percentage of your down payment you receive back each year after taxes, insurance, vacancy, maintenance, debt service and property management.

I usually look at the property cash flow vs all expenses and debt service to determine deals.

I've visited your website and will keep you in mind if I end up taking possession of a property in north Atlanta.

If the bank will not require a haircut on their existing debt, I don't know the mechanics of the process all that well but it could ease the burden if the sale will allow the seller to pay off the loan in full.Regarding the potential basement units, I know that elevations vary in that neck of the woods.

My goal is to BRRR my way out of student loan debt and into an early retirement. 

You could still have a case of equitable interest and, with a sufficiently knowledgable tenant/buyer, may end-up exercising power of sale or foreclosure to regain possession.

There is a Debt Model which is a security instrument secured by Real Estate nearly identical as Hard Money.