PPS Our intention is for you to SELL us your house or help you solve a problem.

I have no intentions on selling them short-term, but their highest and best use would be selling them to owner-occupants on an FHA loan.You could also sell it as a package to another investor (you'd probably get less $$) or hire a property manager and retire.

Which was their intention from the start.

My intention was to meet the BPO Agent at the property and show him the fire report/ insurance docs, etc in order to bring the value down but this thought went down the drain........Now Chase is looking at a low offer and a BPO that I have no idea what came at and I am affraid they will not stop the sale.

You buy a house and you finance it for 30 years fix rate with the intention to add to your principal enough to pay it off in 15 years, or finance it for 15 years straight (Either way it works).

thanks for the help The answer is yes, but don't tell the bank that it is your intention....

if I can't purchase the home should i be upfront on the first call about my intention either( lease option, owner financing, option contract).

I'm just looking for the general consensus as to what YOU would offer given the numbers and your only intention was to buy equity.

Then check values in the immediate neighborhood, only go back 90 days.If you want to hold any kind of position, send the potential listing agent a letter of intent, do not include any pricing, do include your PreApproval letter.

Hi, if your intent is just to flip it, an option should be sufficient, but consider your market and the effects of any seasoning requirement for any potential retail buyers.