The lender simply puts it to the back of the loan and it gets stacked on top of you loan balance.Your balance is = $300,000.00regualr interest payment = $1000.00You pay = $500.00New Balance is = $300,500.00You get the picture of doing this every month and remember since you balance goes up then you payment will increase as well.But wait the lender isn't all that bad they will only let you go to 110% of the LTV (Loan to Value of your property) and then they will take a recourse and have you make principle and interest payments to pay it down again.

I just partnered up with an agent who has been the top re/max agent in my state for the last three years.

For example: My local MLS/BLC and web based client management system "Top Producer" do not work in anything but Explorer????

Too bad too cause the rate was fantastic.

You must call every day and keep on top of them--they are all overwhelmed.

If I ask about the seller's bottom line and I get a number, am I then expected to give a number about my top dollar?

Yeah, its in my top two places to visit.

I won't say immpossible b/c nothing is....Check out these websites about NYC real estate.http://curbed.com/ (blog)http://www.brownstoner.com/ (BK blog)http://ny.therealdeal.com/ (top NYC RE magazine) Let me know how you do, I'd be VERY intereseted to hear about a wholesale in NYC

The house is fully rehabbed from top to bottom.

I think I have to get in there and remove and replace the stinkiest top layer of soil, to start, before trying to neutralize the rest of it.