My recommendation would be to speak to a mortgage consultant that specializes in these types of investment loans.

It takes a special kind of person to allow the seller to remain part of a real estate deal in any way.

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I would also recommend using a warranty deed or a special warranty deed rather than a quit claim if you decide to transfer title.

You could say to the group that you normally sell contracts for 4% but as a special to this REI Club you're selling it for just 2%.

So if most houses have recently sold for around $100,000 and you see a bunch of current list prices around $115,00 and a lot of recently expireds at $110k - $115k you know the market price is going to be somewhere around $100k right at this moment, unless there's something really special about the house your looking at.

I have specialized in All Cash purchasing, then Owner Finance to sell but I'm serious about expanding.I want to be able to make a deal on every call that I get.Ok, I have another guy wanting to sell that should bring much more equity.

Do you use a standard realtor’s purchase contract or is there one specialized for wholesaling?

Results the owner was allowed to keep his flagpole up and the homeowners were each levied a 10,000.00 special assesment to pay for the legal fees.

Were you looking at a lender that specializes in rehab loans or just a typical mortgage lender?