good question quit claim just relinquishes that owners   ownership.. once recorded in your name you will get the tax's and be the new owner subject to claims from heirs that will never in all liklyhood show up.

Hello, can someone recommend a Title Company that can Help me with Pre-Foreclosure and Subject to transactions in San Diego Ca.Thanks!

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

It does not need to give all the sensitive information, but it does need to state clearly that the underwriter has reviewed your financial information (income, credit ratio, FICO scores and the such) and has fully approved you for a loan, subject to an acceptable purchase contract and appraisal, as well as have their contact information on the letter. 

Tanya*This link comes directly from our calculatorsYour comment: "am scared to death" What is it about Subject To that scares you? 

All normal capital invested that was not generated from a gain that you deferred is still subject to tax.

I am wondering, if it comes to it, that if it is possible to do subject to on a mobile home without the land being owned? 

Also look into “subject to” deals, which involve taking over the seller’s existing mortgage.

Hard money loans are loans based on (mostly) the value of the asset, eliminating or reducing the other criteria used for most mortgage loans of borrower credit, financial condition, and sometimes even cash flow of subject property.  

Whereas with our DSCR we only require reserves on the subject property, typically 3 months for loan amounts =<$500,000, and 6 months for loan amount over $500,000.