I found a house off searching tax liens, and the seller is an elderly person who has a relative helping to get the house sold before the lien redemption ends(this month)They refuse to do a contract, i even offered to make it just a week long, at least enough time to market the house, throw it on Craigslist whatever, as i know they have limited time.I think they are trying to work other angles, which i can appreciate, and they seem eager to sell( i got them down to $10k + i would have to pay the 4500 lien) Recent solds show about 32-45k comps, and my agent says the area(moreland ave) is a lot of investor activity.Today they told me "we'll do a contract once you have the funds ready, but we don't want to do all the contract paperwork, we just want cash upfront".I explained i work with investors and I can't market the place without having a contract, and i wouldn't want to knowing they can sell it from under me.Should i basically forget about it and move on?

We would like to get the zoning changed to make it a legal SFH and complete the interior conversion (basically making the 2nd unit living/dining into bedrooms)Does anybody know if I need an attorney or if I can just submit a zoning change request with the city?

Work hard and do well in school, develop your basic life skills and most of all HAVE FUN.

Basically anything I wanted, even if I didn't want some of those programs

I am interested in investing in “Assignment of Rents by Lessor” agreements.If you are unfamiliar with them, basically, I would be giving the property owner a discounted lump sum for the right to collect all the rent payments from a tenant.

(though we already have the basic design complete on the website), so they're down the road a bit, but will be great for vaca rentals!

If you do it the way I described, your partner is basically buying the property himself, then forming a partnership with you to get the work done and you are securing your interest in the property.

You still need to be able to assign the contract to the new buyer so they can close in their name.The double close is basically to prevent the buyer from seeing what you paid for it.

I am sure you have amassed a wealth of knowledge that a young person such as myself can benefit greatly from and I am always seeking to learn more.

Those that say go find a property and then a buyer, simply lack business experience, it doesn't matter what you sell, houses, cars, boats, T-shirts or political buttons, you must know your market, what the demand is, what that target market wants before you can consistently move that product.My suggestion is 1. get away from gurus and learn conventional, basic RE. 2.