And @Dion DePaoli any lease arrangement that facilitates any sale, conveying an equitable interest and having any payments structured toward a purchase price is a financing arrangement and the use of any quit claim deed will have the same issues as other installment sales or note and deed of trust.I'd say the CFD would be something for history buffs, but no attorney should be doing these any more, regardless if they have the authority to or not, they need to move on to a note and deed of trust or same under a Sub-2.I've had more than one attorney tell me that, after pointing out financing and contract issues with CFDs, they would simply stop doing them.

If he/she is someone you know and you want to make exceptions then you are not treating this person as a real tenant and this a business arrangement.

Hello, we had around $6,000 worth of staging equipment stolen from the home a few days ago.

Is this why every new home I build is sold at or before the framing stage YUP...but we really can push prices too much because we play heck with appraisals.Wild times in reverse of 07 to 09There is a really cool town called Hood River ( world famous for Kite boarding on the Columbia river) I am just finishing 24 lot subdivision there last 4 are in the air...

Let me know if you want more info.Best of luck, and hope to meet you in the trenches (or at the BP Meetup Al Williamson has arranged for next Saturday--check that out!)

Hi - I am following on two properties in Plano, TX - one that has gone through foreclosure steps and another that is in the pre-foreclosure stage.

If they are underwater, you might be able to arrange a short sale or purchase the property at the foreclosure sale.

I'm assuming the owner is willing to participate in a rent to own arrangement?

Hey @Dow Lin - the operating agreement of the LLC should cover the terms of the partnership arrangement (including initial capital contributions and any loan/payback terms).  

Calling the HUD 800# is worthless as they have very little or no input at this stage.