I'll look over the responses more closely to see which one suits me best and will follow up with any additional questions.Might look to profiles of posters too, might get an indication of who you might rely on, do your due diligence.Saying family member isn't definite enough in legal aspects, a third cousin or "immediate family" member, mother, father, sister, brother are going to be exempt lenders. :)

If you are selling to a cash buyer that indicates they don't care about you using the end funds to make your purchase you will probably be fine (if the seller isn't a bank, and possibly even if they are).An assignment would be different since they would actually be the ones closing and you would just be getting an assignment fee.

We will spend considerable time showing you how to beat, minimize and shift the risk of the due on clause.Legal?

I've been browsing the forums for quite some time and decided it was time to make a move.i have made a cash offer on a bank owned sfh needing minimal work.

The qualifications seem to indicate you need equity in another property or your own home - so I think it might be secured by that  - see below "Property ownership with ample equity."  

If I find a property with ownership of, for example, John Doe Trs, does the "Trs" most likely indicate that John Doe is deceased and the property is in a trust for the heirs?

Blinds were shipped to my door, quality was good and they're now installed with only minimal cursing on my part.

You also indicated it needs a new roof.

It sounds like that is a key tenet of these BP forums, which is wonderful.Background: Managed a bunch of MFs in CT but that was all cash flow, since appreciation was minimal.

This would only indicate that rental real estate *was* a great way to make money at the time private equity was buying.