I mean you can pass down the homes to your children and grand children.

Deed in lieu does require a somewhat cooperative borrower.Depending on the as-is value of the properly, @Olga Levin might get a few grand out of the first lienholder. 

Investment Info:Condo buy & hold investment in Grand Prairie.

We’re sitting at 6.78% interest comparatively.Since moving in, we’ve had to totally repair the custom chimney (a couple of grand), get a new roof (had to get a 26k loan at 10%….. kill me now) and have discovered the crawl space ventilation needs to be addressed, our old cast iron pipes are blocking the plumbing up, and we need to change the pipes from Poly b in some places.  

litigation will eat up much of your 75k you stand to lose..I would want to know if there is a attorneys fee clause if you win and even if you do win.. sometimes the judge just gives you a grand or so.. 

I have it in my head that I will save my money to about 30 grand.

What @Steve Babiak says is my understanding - the "agent" doesn't have to be someone grand or with a license or a company.

Same with the one I optioned at 5.5 million owned for years.. and hopefully my grand kids will be saying grand pa was smart he bought this stuff years ago and now we are going to get fat trust accounts.. thanks grandpa.

Grand Rapids, Michigan8.

I bought my first duplex in Englewood/ Greater grand Crossing area.