Your financing carrying costs will be different than the sellers so no need to verify theirs. You can easily verify what the RE taxes are on your own, same for the cost of utilities like water, gas heat (oil costs would be tougher to verify) and electricity. Maintenance expenses are not as easy to find out but can be figured as anywhere between 10-15% of gross rental receipts, depending on the age of the property.

Where you need the sellers assistance is in verifying that he/she is actually collecting the rents he/she has stated they collect. For this, I don’t think it would be too much to ask to see the sellers bank statements which reflect rent deposits. You need proof that rents are being paid.

http://pmbintl.com/Sterlingcf/

I’m not recommending anyone, but here are a couple of sites.

Enter at your own risk

In some instances these are called silent seconds, where the home owner pays nothing for the life of the second mortgage, but must pay the entire amount at some point say in 3-5 years.

In order to pay this 2nd mortgage the owner must refinance the house or sell the property.

There might be a person or company in the U.K. that might be willing to do the same,you might consider a relative, non-profit organization, the city might have a program. You must ask around and not just to your inner circle.

I hope this has been of some use to you, good luck.

“FIGHT ON”

If your power utility offers net metering on an annual true-up basis, then less sun in the winter doesn’t matter. You would theoretically build up a credit on your power bill in the summer, and draw it down in the winter.

If your utility offers time-of-use metering, where the rates are higher during the sunny hours, then you may not need to size your system so large.

The value for sunlight hours – was that “peak equivalent sun,” intended for sizing solar systems? In the winter here, the sun is out for 10 hours, but the equivalent sun is only about 2 hours, when dawn, dusk, and overcast weather are taken into account.

If your utility is set up such that they will never pay you cash for power, then it’s pointless to size your system so large that you might generate more than you use over the course of a year. This is in fact how the utility works where I live. The first year that our system was installed, we generated $80 more electricity than we used. We didn’t get a check for it, the balance was just set back to zero at the end of the year, as a donation to the grid.

What you should do is ask a professional installer to look at your house and make a quote. They will probably know about the financing angle, too. Then decide whether it’s truly a value, or whether they’re trying to do a sales job on you.

one company that is up and comming is http://www.midwestethanol.com

Another scam-proof but high-yielding strategy is the “Dogs of the Dow”, buying equal dollar amounts of the five highest yielding Dow stcks and holding them for 13 months. You can do this through a “Unit Investment Trust” (just google UIT + “Dogs” for choices), or if you have the capital, you can buy the actual stocks.
This strategy requires about 15 minutes work once every 13 months, and earns higher returns than 80% of “professionally managed” funds!

My personal opinion is that it will be even more effective over the next 10-15 years, as boomers retire and realize they must invest in stocks to get a decent return, but are scared to go too far from the Dow stocks they feel they “know”.

Good luck,