Search on LLC and you'll see what I mean.Some believe in the protection, others say its only protection if you are not involved as the manager, others propose trusts and other legal manipulations.Commonly for the first property it is not considered necessary.Not Legal Advise.

I explained in my first post that he proposes that I pay for Everything.

No mortgage, so owner financing is what we will be proposing.

It sounds like these lenders are proposing a commercial/investor loan instead of an owner occ one.

Greetings All, I am hoping someone out there can point me in right direction, for putting together a proposal for lease to own investment strategy, I have interested investors looking to buy rehab and L2O.

McHenry, the guy who brought the original bill to the house floor, further complicated some things by requesting a repeal of the Title III rules in place of a new legislation to make it more feasible to comply with.

This will obviously be a part of my presentation/proposal.

There is no update to be had...it's an urban legend that you can get a list of borrowers that are 30,60,90 days late without getting an actual credit report, that you would not be privy to, and anyone selling that information to you for the purpose you propose, would be violating at best, the covenants of their agreement with the data furnisher and at worst, a possible crime.

Yes, seller is proposing reimbursing us (as buyers) in advance of settlement with certified funds for their share of the transfer tax and all commissions.

We got everything done in the timeline we proposed and they were pretty happy.Same thing with a kitchen.