Starting off I understand probate to be a great list but a list that might take months to close bc the nature of the probate process.Here are somethings I'm doing bc I'm on a budget as well (in terms of marketing)- Connecting with other REI in my local areapurpose: to find out intel info on investors, areas that are doing well for the wholesale approach, best practices on property acquisition approaches (direct mail, lists, digital)- Taking note on the "ugly" homes in my areapurpose: research the address, current value, building a list to check at the county for absentee owners- Contacting FSBO homes purpose: to start the exercise of talking to home owners and gaining the experience of having these types of conversations. looking on craigslist for fsbo and using the fsbo siteFrank, welcome to BP.

Chapter=0045 Basically, the trustee would exercise the power of sale to get the property back.

And assuming they do not exercise that option of redemption, then it gets wiped off the property?

What happens if you  or your buyer goes to exercise the option and the owner of the property refuses to sign a purchase and sales agreement for whatever reason.

The LO allows for extended cash-flow and possible high capital return if the sales price is high enough and the tenant/buyer exercises their option.

Hi All,I'm trying to work through a bit of an academic exercise, and I'd like to re-produce some of the results in the Forbes article, Best Buy Cities: Where To Invest In Housing In 2016.  

While this could technically violate the due on sale clause, the chances of the lender exercising that are virtually nil.

I'd like to share the details below and if anyone would be willing to use my numbers to show me how it works would be greatly appreciated.Asking price: $149,900Taxes: $2,120.67/yearRents: $1,650/monthExpenses: $750The asking price is probably too high but as an exercise how could I structure the financing to make both parties happy?

I was expecting 1 of my 5 rentals to possibly have an issue with rent and had some options available to help the renter out , but did not need to exercise that.We will see if this continues next month.

The first things that can get liquidated or exercised will.