Since then we've gotten DAILY phone calls from potential buyers wanting info on the property (like where the septic is located and structual questions).

Got a call from a seller and here's the info: SFH that he described in good condition, needing updating on the finished basement and the bathroom as well as a new roof probably (mainly b/c it's old, not b/c it's leaking).

Just looking for some general info on the borrowing process in the states and with the recent issues whats the story on high ratio loans for multi-unit residential?

If anyone needing this info can also email me whatever is easier.

But, I still cannot see all the info you can, and I see no convincing reason why I should not be able to.

All of the above can make the note worth anywhere from 0 to above par (37k).For instance, if the payor has good credit, has paid for a year on time and currently is up to date, and if the note yield were in the 10-12% range or so with a loan to value of under say 65%, then you'd probably get close to par if not more for the note.If, on the other hand, the note is delinquent, has almost no equity to back it (which it sounds like this note has), and has any other senior liens ahead of it, then it is worth just about 0.Anyways, without the rest of the info, we can only guess.

I would get as much information about that situation as possible, post the info on this thread, and then have experts guide you through whether it's a good deal or not.

Do a search of the forums and you should find plenty of info.

Thanks a lot for all of that info.

They said they would fax the remaining info the next day. 2 days later, I called to see if they were still interested...and they said no!