This probably doesn't even make sense for your buyer, unless they are so poorly qualified you probably shouldn't be doing the 2nd note anyway. 

Use the network however to see if you can find some product for lower cost.

Because we have to keep in mind that with today's numbers, a negative or limited cash flowing property could merely be poor management, supply/demand catch-up, or some minor changes to property to get it competitive with going market rates. 

Also, I am very interested in adding a second bath upstairs and/or doing something more productive with the wasted community space connecting the stairs and upstairs BRs (ie- add a bathroom here or create a 4th BR).

While I can understand some of the desire for rent control there are other more practical and productive ways to assist families in need of housing (IE fix the broken section 8 programs around the country)  I would prefer however that all of you out of state investors get out of "our town" so that the prices can go back to normal for us locals, which should in turn help keep rents down a bit locally .....

Hello all, I’m curious does anyone know of any lenders (banks, mortgage companies etc) that will offer a loan to an individual with poor credit?

We consider all forms of self promotion (including any mentions of your company, website, products and services) to be advertising.

If you have not, great books to read are:• Rich Dad, Poor Dad• The Millionaire Next Door• Cash Flow Quadrant • Tax Free Wealth• Set For Life• Rental Property Investing• The Millionaire Real Estate Investor• The REAL Book of Real Estate• So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.

I actually don't have financially savvy parents, they are actually a lot like the "poor dad" from Rich Dad Poor Dad.

This happened to coincide with me reading Rich Dad Poor Dad which messed my head up!