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All Forum Posts by: Rachel Latham

Rachel Latham has started 1 posts and replied 2 times.

Thanks for the insights, Tim. I think they took the mortgage as a way to fund their other investments, and now they are done with this one. Reading and reading and studying these forums, i am thinking finding another investor to buy and contract to me is going to be my only option. Current landlord won't risk the bank calling the note, which is a respectable choice.

Hi there - my landlord has notified he wants to sell - I don't want to move. I am about a year away from being able to buy on my own, and was looking at contract for deed as an option. While learning about this, to hopefully propose it to him, I found out he took out a mortgage on the house about a year ago (was previously paid-off). Learning more - looks like DOS clause could get in the way of my contract plan. Is there anyway around this that I just haven't found yet? Thanks for your help.