Jonna W. since the tenant checks out I would add them to the existing lease, making them each jointly and severally liable for the entire rent.

Or better yet find someone who has any personal experience with the COB Sale, or anyone who may be interested in a joint venture.As I understand it these properties will be sold free of any outstanding liens, for the greater of 20% or $500 down and the balance due approximately 6 weeks later.I have completed some research/due diligence on the properties that are in the neighborhoods that I am most familiar with and there looks to be some nice ones still on the list (owners have until the last week in Sept. to petition the City to remove their property from the list).Things that I have completed in researching the properties have been:•Current owner(s)•Property class•Tax Value•Last sale price & date•Drive-by/visual inspectionIs there anything else that I should consider trying to determine before the sale?

There is a ton of info on the BP forums about owner financing; maybe try a joint venture option too (although I am not real familiar with those).

Basically,his contribution to this joint venture will be nothing but putting up all funds needed from start to finish and we split total profits 50/50 at close when sold.

I am willing to keep paying the mortgage as long as I am protected.I was thinking of making a rent to own agreement with them since I cannot qualify for a loan yet.I am also considering adding my name to the title as joint tenants.I would really appreciate your thoughts or suggestions.Thanks

I'm not familiar with any on line title search or appraisal entity, except to look up valuations and see that their values were way off, like Zilow.Some may be missing what a title search is or does, it has nothing to do with assessments, valuations or taxes other than to see that taxes are current.COnsider when looking at anything on line how they would address this one issue:Mary and John were prior owners jointly and later get a divorce, several years later they are divorced and the decree is filed and John sells the property to Bob and Betty who get title insurance but had an exclusion in coverage as to liens or encumbrancs not shown of public record.

Is it a joint venture agreement somehow?

Maintenance person liable to you for damages assessed against you.)Liability to original claim = maintenance person - negligent act caused fire.Liability to original claim = you - as owner of property and for employing maintenance person.ALSO – maintenance person and you are Jointly and Severally Liable.

Currently I am 8 years into a 30 year loan on my primary residence and am a joint tenant along with my grandmother on a paid off home in Vacaville.

Shell out 10's of thousands to a turnkey seller, who has no skin in the game, and makes his/her money up front, will pass the buck and give excuses should things go wrong, or shell it out to a local investor, who has found the property, has their own $$ in the deal, and doesn't want a foreclosure on their record.Then there are joint ventures, discounted mortgages, a whole bunch of ways to make cash flow.