Originally posted by Annette Sannuti:I'm trying to find out if there are companies who purchase residential notes, nationwide, at time of closing or shortly thereafter, and pay a high premium.Hi, I doubt you have time to get involved with note gurus, chain investors and bait tossed out to contact me on the side type stuff.....SOTry FCI, Notecity and if you search for "private loan servicing" you'll find loan servicers serving a national portfolio.

Let us know if you've got any questions; otherwise, please don't hesitate to get involved in the community and discussions happening.

I have thought about "carrying the note" (acting as a bank and offering a payment plan, etc.) to tenants of house 'B' but I am wondering if the above mentioned scenario involving house 'A' affects this idea?

Until then, it never occurred to me to get involved in something like this as my focus was elsewhere.I'm not really walking away, just stepping back for now because from talking to the neighbors who know him well, I have inside information that he is not going to sell.

If you get involved in reporting him, it will get even worse between the two of you, and will go downhill from there.

It would depend on how much of a headache it would be to handle things myself vs. having professionals involved.

Part of our rebuilding effort must also involve our housing sector.

You probably want to factor in renovation or at least minor repair costs and 10% selling costs above your profit.Typically that is true but in this case, no agent fees involved as the buyer is the current lessee.

Looking to refi,Credit Union says I need a "Deed In Fullfillment Of Land Contract" is this something I can do, or do I have to get a lawyer involved?

I've purchased a couple properties before that involved heirs and the title company made sure things were taken care of properly.