that works and sounds like they are small balance loans.. so just make sure you keep cash available to pay them off if they are called.. you dont want to bugger your credit with a default .. only way to keep that from happening is to stroke a check.. wraps are great if your properly capitalized.

If the new buyer defaults on payments or otherwise breaches the terms of the mortgage, it could impact your credit and financial situation.Market Demand: Consider the market demand and potential buyer pool for properties sold under subject-to arrangements.

If the lender defaults, will the fact that I purchased the loan as an individual with no licenses compromise my capability to collect/foreclose? 

They already sent Default Letter!

Basically - any legal filings that come into play during that redemption period could cost you the house - but you wouldn't lose your money as long as you didn't default on your obligations to the court / auction.In Florida there is no inspections of foreclosed properties.  

. 🤷‍♂️ ““WHEREAS, on Sales Day, the ninth (9th) day of October, 2022, the Delinquent Tax Collector did, during the usual hours of sale, after due advertisement, sell the said property of the said John Doe, tax defaulter (s), to James Doe, his heirs and assigns, the purchaser (s), hereinafter known as "grantee (s)", and the highest bidder at such sale, for the sum of $XX.xx and gave a receipt for the total amount of said purchase money to him; andWHEREAS, more than twelve months have elapsed since the date of said sale and the defaulting taxpayer (s), and grantee from the owner or any mortgage or judgment creditor have failed to redeem said land so sold for taxes:NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that I, Jill Doe., Delinquent Tax Collector of and for the County and State of aforesaid, in consideration of the premises, and the sum of $xx.xx paid by the said grantee(s), James Doe have granted, bargained, sold and released, and by these present do grant, bargain, sell and release unto the said grantee(s) James Doe and his heirs and assigns. “”

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

They already sent Default Letter!

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

After a default of 90 days, I take the property back with a piece of paper.