She had agreed to allow me to show my home to bring in new tenants at this discounted amount.

They are legit, but more of a bridge lender than a hard money lender, and if memory serves, they like to stick to urban areasI've talked to Jeff over there several times in the past and he's a straight shooter.

but such transfer does not come to the attention of the lender because it is not recorded anywhere in public records.Uh, when the lender begins receiving mortgage payments from the "new" owner, doesn't that bring it to their attention????

Normally you pay the same fees and the amount you are required to bring is just lowered by whatever amount agreed upon.

He brings the cash, you do the work; split the profits.

Comps in the area are running between 30k-40k which I will bring with me, along with my mentor.Still have a long way to go, but I actually stepped out the car and knocked, so will keep you updated, as I think there is potential.This is outside my comfort zone and expertise, but I cannot wait to learn more!

If you list it and a selling agent brings you a qualified buyer, why not pay the 2.5-3%?

The owner lives in one of the units and the total rent that comes in from the other 5 units is 2300 so if you count his i think it can bring in 3000 or so this is not net rent.

src=/program_offices/administration/hudclips/handbooks/hsgh/4240.4 Do a word search in the handbook and look for "investor" That will bring up all the sections Im referring to.Also, the location of the property does concern me.

If someone is going to steal my iPhone out of my pocket, they could also steal my wallet, and I'd be more concerned with losing that than my iPhone.Thanks for bringing attention to the fact that people who choose to secure their iPhone 4S need to also set Siri to "off" when the phone is locked.