You could also look into White Settlement ISD, which makes up the west side of Fort Worth, a booming area at the moment.   

If your intention is to buy - fix and sell for a profit ----- you could do the same thing without being ripped by HML.Try - controlling the building with a delayed settlement with right to market by private treaty or public auction.

in this set up, myself and my brother would be the "bank" im guessing, does that mean we have to sign the deed over before we collect payments, similar how buyers receive deed to property after settlement?!  

Any investors in Nj that can recommend a title company that has experience with handling these settlement/transactions I have a deal in Philly ( My first deal)  however the seller and myself live in NJ  so what do I do next and where can I market this property, since I don't have a cash buyers list yet? 

I checked the closing settlement statement and there was no credit back to me for these delinquency fees.

I’m a first-time investor and I’m investing out of state… don’t want to get dragged into rebuilding the whole house lol.These were the actual words from the inspection: “I observed cracks throughout the foundation and leaning/settlement at the east and north structural wall of the house foundation.

Madison Settlements in West Orange 

This is somewhat a big concern for me since there are accrued interests associated with the auction that I will be responsible paying at settlement based on terms Seller proposed.

For others, the link is here:https://indianaattorneygeneral.secure.force.com/ConsumerComplaintForm I am truly sorry you got tangled up with MOrris.. while I hope there is some sort of monetary settlement for you.. the best I believe you can do is keep the pressure on... rip off report.. you should post your story there as well. its free and very powerful.business's that do this rely on the fact that many that have been wronged simply wont do anything.. we need folks that are principals to stand up to this. !!!

The originating lender carries the liability burden forever really, and the note buyer, having an agreement to purchase at or after settlement is "funding at the table" and is also considered a lender, not a note buyer.