Obviously, they will pay less for these loans because of the resources they spend upfront.Most of the larger private lending firms will participate in correspondent loans.

Spend some time talking to investors, asking for names, talk to a lot of banks.

This way it’s no up front out of pocket expense for me and they then have the extra money to spend as they need it.

He spend $3k fixing it up, rented it for $700, but lot rent was $300.

You will have less to invest, but you will spend within your limits.You must maintain control of your finances.

How much did you wind up spending in attorney fees, etc?

And then, whatever the seller was planning to spend, I'd have them pay that amount to me as an cash allowance at closing.

Our focus is on delivering 20 top-tier leads each week, so you can spend less time on lead generation and more time closing deals.If you’re interested in streamlining your lead flow and enhancing your success in the Texas market, I’d love to discuss how we can work together.Looking forward to your thoughts!

So as a result of my “asset protection” procedures, the end result was that instead of being sued personally and having to spend the time, money and emotional stress of both defending my self AND suing the insurance companies and condo association, the plaintiffs accepted an ASSIGNMENT of proceeds and signed a form releasing me and my LLC from liability in exchange for the right to go after the insurance companies themselves. 

Depending on the zip code I was wondering could I gamble with them on a fix and flip or brrr.