A "true" private lender is a debt holder and will not be identified on the deed.

We buy leads for note holders and then do mailers.

I simply call it "my team" and that team consists of all that Jason named along with top REO brokers, my listing agent (my wife is not my agent as Jason has), my two asset manager contacts, and my escrow/title company.If you are a buy and holder, you still need a team, but that team is much smaller.

Is there a strategy someone has used where they buy the house with the idea of negotiating with all these lien holders and getting them to accept pennies on the dollar to cancel the debt.I'm looking to buy the building as cheaply as possible.

maybe I am paranoid, but if the tenants commit internet fraud or do anything worse, you'd be the first one on the hook since you're the account holder.

The property has already been boarded up by the note holder and the tenants no longer live there.

To me, it indicates that the seller is waiting like a vulture on the only tree limb in the neighborhood wrenching his hands for the opportunity to take the property back.Did you ever think that a note holder could simply throw a check in the trash and never deposit a check, just declare default after thirty days and foreclose?

You will need to have an agreement with the seller or holder of the contract.

As a borrower, there are many issues that puts you on the wrong side to admisinster the loansthat will come about considering the age of the note holder.

", while holder of your IRA assets, is not necessarily registered as a foreign corporation in your state.