Are you prequalified and how fast can you close a deal?

Because Youngstown is a city on the decline, the more rural the area, the more likely it will be to hold its value and vice versa, making a good deal of the neighborhoods within the city limits too risky to invest in, but it does offer a few diamonds in the rough that are undervalued due to the overall stigma surrounding the city. 

Some states have specific rules for buying, selling, or servicing mortgage notes that you must adhere to, even if you are out-of-state.3.Federal Regulations: While state regulations are the primary concern, be aware of any federal regulations that may apply, particularly if you are dealing with notes related to federally insured mortgages.4.

If you're serious about this, you should definitely consult an attorney.I am not one, but here are some things I've learned from playing around with these types of things:--Trusts are excellent vehicles for anonymity--You can hire a professional fiduciary (like an attorney) to act as trustee so the public contact is not easily affiliated with you. 

If they spent ten years in prison for drug dealing, but have been out for ten years, have been sober, stayed employed, and paid their bills, there's really no risk associated with their criminal past. 

If you have experience in the last 36 months, you may qualify for 15-10% down depending on the deal. 

What made you interested in investing in this type of deal?

I need some assistance with funding a MTR deal.

yeah my parents and brother both got home insurance below $2000 that is close to that area, and they just renew it recently too, so I thought our estimate would be correct.... and the option period is already passed, if this doesn't seem to be good deal anymore, we can just back out of it and lose earnest money right ?

I contacted an attorney prior to making the deal and he said it would be ok to get a shared well agreement after closing.