I am a 30 year veteran of distressed SFR investments.I have been approached by some individualsthat want to create a fund not LLC and then buy distressed SFRs in specific areas on the East Coastpossibly Atlanta > I saw the topic on that AtlantaLLC > and I find it very hard to believe theyare giving a 25% that quickly.I am older and retired and most likely will passAnyone here been directly involved doing thisyet?

I know it's probably not the common "investor" way of thinking when looking at a home, but I could see myself living in this house so I got emotionally involved in the place (DOH!).

I happen to trade currency instead of stocks for a variety of reasons...BUTI agree that it's good to be involved with RE AND trading.

Is this feasible or is there to many legal issues involved.

This involves assigning contracts, or double-closing, if absolutely necessary.

I made a short sale offer with him on one of these properties, but the bank ended up foreclosing.With some research, I found out the bank involved, called them, and was put in contact with the new listing agent of 1 day.

First, sandwich lease-options are very risky, with an elevated risk of becoming involved in a lawsuit (2 lawsuits).Furthermore, the vast majority of people who buy on lease option never buy the property.

DPA = Down Payment Assistance As far as owner carried notes, I was referring to the owner doing the financing, no bank involved, however, owner carried seconds can be done with lender financing, not sure about getting this done with an REO.

This is a business that involves a lot of personal contacts.

They do not get involved in collecting payments, they just match buyers and sellers and receive half the option money..... then they are done.