Key Considerations for the Future of the Secondary Mortgage Market and the Government Sponsored Enterprises (GSEs).

See www.ahphelp.com to learn about American Homeowner Preservation's program which does exactly what you are proposing.The concern of the arrangement being construed as a loan typically arises when the seller has equity and receives consideration from an "equity purchaser".

Do the ratios take into consideration appreciation?

Paying cash for everything, and I am looking into property tax considerations.

Depreciation, amortization, and tax benefits are 90% of my concern and appreciation is a very distant consideration.

Anyway, I'm trying to figure out how to make this money grow so I can buy a condo in my city (Jersey City) - there's a lot of redevelopment happening in my parts of town (Downtown, Journal Square, Newport Pavonia) and a lot of bad neighborhoods as well (Greenville, Westside, The Heights).

i will take into consideration your point about having someone a few hours away.

Take a few weeks to gather the superficial knowledge of several methods, you can always tell a seller you want to take a little more time to think of a few solutions that might better solve his problem for him and then make an appoint to present maybe 2 or 3 offers for his consideration..I am a big fan of Benjamin Franklin's 13 week plan.

And it definetly doesn't take into consideration the condition of the house.

The volume of the trade affords no additional discount all loans are priced on a loan level basis with consideration to the aggregate dollars.