A reverse exchange is where the intermediary creates an entity to take title of  your replacement property before you close on your relinquished property.

I have seen identical properties next to each other with one producing $63k and the other $140k and the only difference is who is managing it (including self managers).

You want a service that provides a full credit report, full criminal, identity verification, etc.Then it would help if you had clear screening criteria.

Here's a link to the form: https://singlefamily.fanniemae.com/media/15601/displayIf you vest title in an LLC, and file taxes for your rentals on a business tax return, it's important to note the net rental income can only offset the PITI payment (no positive income can be used over and above the PITI for each property).

Also in your area that is a little rural if its well and septic makes sure those are checked by professionalsif it has city sewer make sure you do a sewer scope on the line running to the street.. and of course make sure roof is good etc etc.and for sure you can offer what you want to pay.. they may not accept it but its up to you.also ask title company to give you current owner.. and if you want simply make a back up offer in cases the wholesaler cant close this happens a lot and you get a better deal. 

However, you will have to explain it to underwriting and they will likely have to be on deed/title which could result in the note being called due.  

Hi everyone,I'm delving into purchasing properties through foreclosure auctions and am trying to navigate the complexities of preliminary title searches.

You can pursue a judgement against the property owner for non performance under the loan agreement terms which would come up on a title report when they go to sell or refinance the property since a judgment search would be completed against the seller but that takes time and money.

So that being said, knowing that *I am not on the title/deed* can *I* go get the policy in my name since I do not have that issue of having made a “Personal Articles Claim” within three years.

I've been educating myself through books and podcasts on topics like sourcing off-market deals, deal and property analysis, creative financing, and title reviews.My fiancé is an architect that works with GC's and structural engineers to design homes ensuring they are functional, aesthetically pleasing, and safe- which I hope will help me navigate this space as I grow my knowledge.