Owner finance a note to a person with bad credit while having the property on contract, then sell the note at a discount of FMV, completing your purchase and sale subsequently... with all the transactions going on in one day at the closing company.

Further, "During the second and subsequent years of the lease or during any renewal of the original lease the amount required to be deposited may not exceed one month's rent."

I have met once an enterprising young Japanese guy who has amassed a sizable fortune in rental apartment buildings, but certainly he was not the average and he worked extremely hard to get the financing while credit was loose.One source of cheaper houses are the government auctions.

Good for them...one more leverage item on the lender...and I subsequently drop my offer even lower.

Personally, I think it's counter productive and against the concept of free enterprise.

Section A to be Deleted, and Section A now reads:insert (at lines 56+): At completion of closing with a qualified buyer purchasing the Premises according to the terms and conditions of this Agreement or upon such other price and/or terms as subsequently agreed to by Seller, Section B modified to add 60. section B: I'm not real comfortable with B.

It was claimed at another board that lenders exist for end buyers and that these lenders don't require seasoning in order to use new value for a subsequent purchase.

The big point that was made is to make it a campaign,don't write just one letter, but follow up with subsequent letters.

Foreclosure laws vary from state to state and difficulty of foreclosure is just as varied.Tax Deeds issued by the Clerk of the Court - When redemption has passed & all subsequent or prior taxes are satisfied, if need be, the right to file deed becomes realized.

Such actions will “taint,†not only the subsequent decisions made by the broker who raised the subject but also the decisions of other competitors to whom the discussions or announcements were directed.â€Every business should a written policy on how it determines product/service pricing.