Mike, You want to do this dealing directly with a homeowner....I advise people to stay away from foreclosures because you have to get a bank loan or large private money loan.

Today we received yet another call and I asked the man where he got our private phone number.

If I were to obtain a property through non-conventional financing (owner financing, private money, etc), with the intention of conventionally financing after a certain period of time (6-12 months), when exactly would I quit claim the property into an LLC.

The Homevestors guys I know are currently buying mostly REOs, as the availability of private sellers with equity is nearly non-existent (compared to a couple years ago, that is).So, I imagine these guys are getting very little value out of their Homevestors franchises, despite their franchise requirements to spend large amounts of money on advertising/marketing.

Best bet is get a good Realtor who knows the area you are working in to give you comps.

You could find a private lender to antie up, but they'd have to be willing to stay in until the wrap matures.What I do instead of a wrap is a $1 2nd mortgage that states the 2nd can not be paid off until the 1st is paid.

Farve makes average receivers better - Cotchery and Coles will throw up a total of 1500 yds between them-Patriots have the EASIEST schedule this year, I bet they get beat by the Chargers in Jan in a rematch

Get Private Money now.

Does anyone know of any HML or private investors in or around Raleigh, NC that a Rehabber could present some sound projects for backing??

Has anyone used 1st Quick Funding, a New York-based private (hard money) lender?