fdh10

I am a CPA who has been involved in very large real estate tranasactions overy the yeares. I am involved with Dean's strategy for about a year and it is great.

You mentioned that you want to HELP both the buyer and seller. One thing you have to learn in real estate. The only person you help in a real estate transaction is YOURSELF.

As far as the bank is concerned, you have to deal directly with a loan officer at the bank one on one and find out.

One thing to remember, YOU ARE IN BUSINESS. YOU ARE NOT OUT TO PLEASE BUYER AND SELLER. YOU ARE OUT TO PLEASE YOUR CHECKING ACCOUNT.

Believe me, other deals will come along. Just don't jump at the first one.

One last thing.

Don't get emotional over a deal because it's your first one. There will be other first ones.

Last, the numbers don't make sense unless you get the bank to work a deal.
There's no equity in the property. The mortgage is $200K, looking for $185K. Whose picking up the difference.

I really would love to know how this works out.