It they don't know you and have any hesitation about giving you a check, just have them make it out to the closing attorney or title company.My next step is to email both contracts over to my closing attorney. they run the title and in a couple of days, we set up a closing time.

They aren't lending and these private lenders (and relatives, mentioned several times) are stepping in to fill the gap.

You need to clarify for the credit card company that you wish to no longer be responsible for the account in any way, then follow whatever steps they require to do so.

In cases where the investor wants to sell within 180 days of purchase, and where the sale price exceeds the previous purchase price by more than 20%, the lender will be required to take extra steps to ensure the sale is legitimate.

If I were in his shoes my next step with my 600+ properties would be figuring out how to sell them quickly.

I am so grateful this has happen because I am now energized again and feel that this is a first step to many more rentals and my REI.I know I have much to learn and I cant wait to meet like minded people here on BP and locally here in Jacksonville.

The guys I work with don't make a gazillion bucks on all of them but they have proven to be at least worth the effort they put in it.

Step by step, how does the process work out and when it comes to collecting my assignment fee how does that play out as well?

2) What are the steps needed to take for assingment of contract?

Hello,

I would like to ask a question based on what I have read and found.

I found a house for about $118,000, 4bed, 2bath, full basement, lets say, hypothetically speaking the house needs about 20k in rehab; and I...