Vic3001,I am not familiar with this product, but most cash flow analyzers will not give you an accurate analysis because they don't include all the expenses that you incur.

He said how it seemed like it could be a good deal and seemed interested in giving me a shot at it.I know the Realtor's role in this transaction is to represent the bank and that's where he gets paid.

Might give them a box of cookies, see if they agree to that.Skilled negotiators can get an Eskimo to take a truck full of ice.Understand that any contract only guides the parties to an agreed transaction, if both are agreeable, I've done handshake deals, that may work.

Hey Ed,20% down on investment property, new ARM products, amort @ 30yrs, 3yr-3%, 5 yr-3.5%, 10 yr-4%.

Transactions; both single and bulkRehab servicesProvide full turnkey services for investors

I giggled a bit when you said you want to continually be improving your properties because most of us want to get nice rentals and not have to always be fixing them up (you know how things hit you sometimes when you are speed reading).But it sounds lovely that you want to provide a quality product to good people.

The new Dodd-Frank go into effect on Jan 10, 2014 and the rules apply to financing for owner occupant buyers, not commercial or investor to investor transactions.

Either he does it and you close when it's completed, (best way) or you'll get a tenant owing past rents (that you need assigned in your transaction) before you have a claim to start on.

In a simple transaction when you buy a property with a mortgage the existing mortgage gets paid off.

Here's a big one do they call the cops every time they get a useless "Just Sold" postcard from a real estate agent, those things have absolutely no value and are only ego boosts for the agents to troll for leads.While I agree with Paul's point about being right doesn't always mean you win, I would have asked how sending someone a generic letter is any different than any of that other stuff?