You should first contact a mortgage broker as this is not an "arms length" transaction and could complicate life a little.

Some great data points in there.1.1 million loans out of 8.37 million ARMS will be in foreclosure in the next 6-7 years.

I'd like to see one deal(*), with a newbie getting 100% financing from a third party private source in an arms length transaction that worked out well.

I just take huge risks, apparently.Now I've found lots of alternative CPC sources that aren't as ridiculous as Facebook/Google (as an aside, 99% of what you see running on these sites is material that they would ban, except they are being "cloaked" by affiliates...basically the ad revenue that sustains these massive companies comes entirely from people whose ads they explicitly ban..something you might want to know if you own any stock in them).

I would assume the due on sale clause does apply.My LLC has a 4.25% rate on a 10/5 arm amortized over 20 years.

Remember you don't have to own a property to control it.Go to IREM.org search for ARM certified property managers call 5 ask them what parts of the city they like/dislike and why.

Irrelevant to the discussion I think (and I don't want to be too specific for privacy reasons since I explicitly listed the equity amount and part of my name)As for how I know we did well and have a lot of equity, we have received multiple written offers from qualified buyers.

You should make sure they can afford the payment.To keep this at arms length get a loan servicer, they will administer the loan, tax filings, notices, etc.

If you have an address I suggest being armed with the name of the owner on title and estimated ARV that would help you get a feel for the deal instintally andandake sure you are talking to the property owner and not another investor trying to flip to you.

@Ted JacksonAnything stated by the broker get independent verification.Find a contractor experienced with fire damage.Anytime properties are bundled it is because 1 or more are not performing.Go to IREM.org search for ARM certified property managers.