You have arranged for the sale of the

March 16th, 2010 03:00pm

You have arranged for the sale of the first mortgage at closing for $136,000 to a note buyer. So be sure that [...] Real estate investing is about making the deal work for all parties. A couple examples follow. In this case, with rent around $600 per month, he would be okay. A $6000 cash advance on a low-interest credit card for example, would cost him about $135 per month, and give him enough for the downpayment and his closing costs. Why would a seller want to walk away from closing with nothing?
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