I can walk you through one of our recent Equity Splits so that you can understand the process. 

For first flips better to start with a  small cosmetic rehab  until you get to know the process and the team well.

You'll definitely need more time to get things processed.

Find out if you can not renew their lease and what the process is. 

Its a slow learning process if you havent been in the lending, investing or real estate world before.

The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

I wanted to be able to help educate people, especially the underserved community, about real estate, whether buying, selling, and assisting with the process of foreclosures and short sales.

I would caution you with searching for lenders as those that don't follow a draw process or will lend on anything may not actually be a lender and trying to scam you.

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

We are proceeding via the appropriate process in order to address Mr.