Convincing them that they should short sale with you coming to the table with 100% financing might be a large hurdle to overcome unless you are creative.

The reason why I put the "and/or assigns" on my contracts is to ensure that all parties are on board.

I was excited to see your post because I wanted to meet someone that knows what’s happening in this area and understands different creative real estate investing strategies.

If you get into some creative financing, like using a combo of seller financing and a hard money loan while you are rehabbing you can refinance once its done with some decent equity which may help your cash flow situation.

We do this occasionally when we make a private loan if the deal is too "thin" we will also tie up another property in the investor's portfolio to ensure performance.And having the props "owned" by your LLC is not the same as having the financing originated and vested in the LLC.

The Rehabilitation Checklist in Appendix 1 of Handbook 4240.4 REV-2 should be used to ensure all work items are considered.

Read here in the forums and you'll find some creative ways to do deals without having that much cash up front.Jon

Originally posted by "reorecovery":If interested, please contact me at 916-541-2386 cell. or at the office which is 916-348-7091 We are licensed and bonded.reorecovery-

You can not have your contact info inside of th...

You just want to make sure that you have everything in writing to ensure that there are no misunderstandings when it's time to split the proceeds.

Share your creative financing ideas!