Even though they may be friends/family who are making these loans out of the goodness of their own hearts, I want to make sure they are receiving a fair benefit for the use of their capital.My interests are secondary to their interests yet I am still committed to making it work.

Ill add you guys to the list.  

Student loans prior to drop out, medical caused by the illness, consumer cause by the job loss, or a mix of two or three of those (if a mix, a percent breakdown would be helpful).Are they just unpaid/delinquent accounts, or was bankruptcy declared?

However, there are 2-3 rehabbers I can recommend who have the heart of a teacher and can give very valuable advise.Sandrawww.reddtrowproperties.com

Please comment sure or check my bio for my email and ill send you the pdf with all the numbers.

:(A completely heart breaking decision. 

What would be option for financing I could suggest to a seller of a single family home.Owner (seller) contacted me and want to sell us their house, the owner is ill and son has lived with him for past 8 years, They would like to be able to rent the home from us for the next 2 years after we buy it. this would be private sale no Realtor fees.What is a good way to finance with out a bank, I have cash and could pay about 2/3 of cost of house upfront and do some type of arrangement for payment on balance.

I am coming across the same problem in las vegas if you hear anything or as soon as i find out more information on it ill let you know please if you can do the same it be much appreciated 

I have since evolved and my career sent me to be a VP at two large commercial construction management firms, but I since starter my own business again in Residential.I am looking to invest in properties in Dutchess County since I am originally from Lagrangeville, but I am still a contractor at heart.  

Debt-to-Income Ratios are the heart of lending, after all, the new loan needs to have a hope of being paid from income.