So it all kind of adds up to me putting my principal and profit into the stock market with a portfolio manager who is likely to get me 8% annually taxed as capital gains.

He paid 90k, still owe 75k and willing to sell at 80k with assuming his current loan.This is my first time doing this, after hearing the podcast few weeks back on assuming loans.my question1. how do I approach seller bank on this issue?

Here is what I see:Original Loan Amount:  $29,000Unpaid Principal Balance (As of June 1)**:  $22,997.86Balloon Due At Maturity:  $9,676.17 (Off by -$1,857.22)IRR***:  24.81%**UPB - UPB assumes the period payments have been all made on time and applied properly.

If it were me, I would want to know how much the property is worth, and how much is owed on it.  

The worst thing that can happen is purchasing a property through foreclosure auction just to find out you bought out the 2nd mortgage and still owe the 1st.  

Although there was one that did- I was about 30k off from what she wanted and she wouldn't go a dollar less because that's what she owed.

If we hadn't purchased the property subject to and brought the mortgage current, the lender would have kissed a bulk of the principal good bye.

There is this underlying thought process that you cannot LOSE owing real estate and that is just not the case as many veterans have stated we have ALL lost money,,, Many of us Milliions when it the GFC hit.So there are lots of other ways to make cash flow using RE as a vehicle other than owning rentals..

No major damages, but all kinds of stuff, random people living there, that werent authorized, carpet, stains, and cleaning needed at the least.By the time the tenant moves out, they will owe me about 1300 in rent/late fees.I have a 1k security deposit, that I will be keeping.Considering it is always hard to recover money from tenants, especially degenerate ones, would it make sense, to offer to the tenant, if the place is cleaned, the keys and garage door opener is left, and all stuff is removed, and you are out by the 21st per the judges order(not by a sheriff the next day) that I will drop the damages hearing?

Previously, I thought that, possibly, I was the only investor to whom Asset Ventures and Tony Martinez owed money.