I would like to section off two three acre lots and build on them and then sell.

His corner cutting didn't sit well with me, so I left..

Start by checking out the bank REO listing section on this site.

I've already made an introductory post in the 'Starting out' section, but I'll just rehash everything here.

I am well versed in land trust type transactions and not sure what you mean by how lenders look at the sellers in this deal.First off if you look at the Garn St Germain Act of 1982 under section 8a you will find a lender can not call a loan due by way of a seller vesting his title into an inter-vivos trust as long as the settlor remains a beneficiary and there is not tranfer of occupany or leasehold interest so that did not change and been the same.I personally love using trusts due to the protection it provides all parties as beneficiaries in the trust.

All I can say in this section is to check out the discussion forum called Make Deals, Find Partners, Mentors & BirdDogs, on this website.Greg Felt

wakefield,I'm still waiting for my attorney to give me a final opinion on the full impact of the legislation, but the section that troubles me (and most lenders I've spoken to) is the section that requires the buyer to "comply with all terms and conditions of the seller's mortgage."

I am highly motivated to build a development in the Rosemary Beach section of Bay County and target affordable housing about 2 miles from the coast.

I didn't get into one that I had been working on for a few weeks which was a bummer, but the numbers were too close and although anxious for my first deal, I want to make the first one a profitable one, even if only a small profit.Thanks to BiggerPockets for their Bank REO Listings section.

As you can tell, I'm a newbie - so if this is the wrong section or anything let me know.