If there is an existing lender not agreeing in writing to accept payments from the LPO buyer, then you are in violation of the statute -- and it is a very toothy statute -- vs the seller/landlord side only thoughWe are getting ready to get one in place because the seller is demanding it and my client is the protected buyer.Yes -- you must vet your sub to buyers -- some should not be anywhere near a wrap transaction.Stay safe out thereAlan

With its lower price points and strong rental demand, it’s becoming a favorite among BRRRR investors.

Hey @Zach Howard,Happy to connect with you and put you in touch with some solid individuals in Augusta, GA.

I desire to connect with individuals who have had experience investing in real estate while serving in the military on active duty.

I would also question how the house gained 55k in equity, or ~24% in 2 years when interest rates rose and demand fell.

They cannot continue a lawsuit on your behalf if you have not authorized it.I would send them a short demand:"You have five business days to stop the lawsuit and turn over all documents, funds, and anything else pertaining to my property.

We often need to ask the right questions to help determine the best route for each individual.

Pilot a unit or two with this renovation spec and see how much demand you get from QUALIFIED applicants.  

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Quote from @John Morgan: I’d do individual cash out refis on them to scale up.