Note the earlier comment about hard money.When selling a deal wholesale you need to remember you are limited to the cash buyers.

I am familiar with land trust, and i can tell you one thing, a warranty deed to trustee conveys all rights of the property to the trustee, the land trust agreement itself gives the trustee their directions or limits if you would.To clear things up a Deed of trust is that sort of the same as a mortgage but used in a trustee state to give the trustee for the lender a power of sale.there is no land trust deed.

There is a limit to how far you can take things under your own name.

I want to start a limited company and switch the mtg to the company.

Question:I will limit the offer to be valid for 14 days only.

But, if total returns are 17% and the investor needs 15%, then your cut by default is 2% and you have your equity split (15:2)Keep in mind that if you're providing property management and listing services, that you should list those services on your financial forecasts at market value -- if that's money coming to you, then it's part of your personal return on the investment.You may wish to establish an LLC where you are a GENERAL partner and the investor is a LIMITED partner - you would retain all voting rights except for special circumstances like when to sell, or to dissolve the company.

And they are limited in what they can do since the overwhelming majority of subprime debt is securitized and the servicer must operate within the guidelines of the sale and servicing agreement.I agree if the loans are part of an institution's wholly owned portfolio it might make sense to carte blanche modify mortgage terms across the landscape.

Listers should be limited to low number of ads -- not unlimited like it is now.

If you still want to do deals at 80% LTV and use hard money some will work with your if someone else covers the amount above the LTV limit.

Jay,It'll cost a little bit more but check out Lease Purchase (first check Florida Law, I heard a rumor that there are limits on LP in Florida).