Note, you don't "Take over" the mortgage typically, you just pay as the successor once you legitimately establish yourself as the successor (Will, Trust, Court Order).

Even if you're aiming for appreciation and want to hold more than five years, you'll still be gambling a little bit basing your purchase on Micron.

There are programs that let you buy an investment home as an resident alien, or Foreign National.You can focus on a DSCR program but in most cases need to have a credit score established best to be above 720.

First, establish an online presence and join local groups and orgs to get your name out.

In this type of deed, the seller does not guarantee that their title is free and clear of any defects before the seller acquired the title or ownership of the property.A special warranty deed generally contains this similar clause:“Grantor does hereby bind Grantor and Grantor’s heirs and legal representatives to WARRANT AND FOREVER DEFEND all and singular the Property, subject to the matters set forth in this Special Warranty Deed, unto Grantee and Grantee’s heirs, legal representatives, and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through or under Grantor, but not otherwise.”Quit Claim DeedQuite contrary to general warranty deed and special warranty deed, a quit claim deed does not establish title of the seller in the property.

Not really, as long as you are up front with a lender, most would just require you to show them the establishment of the LLC/accounts and then could proceed with that.

This is most likely to establish your housing expense history/ verification of mortgage (renting in this case).

Hi Michael,I've found that people will find you with their money if you establish a proven track record.  

For example, if you are told, "we can refinance you for up to 75% LTV" to realistically expect approximately 5% less until you have experience and establish a relationship with your lenders. 2.)

I figured it would be a gamble but with the seller still receiving monthly cash flow, I think that maybe it would be intriguing.