3- CAR forms4- Trust accounts?

I had an good employee that made a bad decision.It is always the most trusted employee that have more opportunity to commit theft.

You should buy the house for no more than what is owed or even have her pay you $300/mo for 10 months to make up the difference between the balance and the ARV (if you trust your numbers).

This is against public policy in NC under the liberally construed Real Property Marketable Title Act statue and its related case law. "...marketable record title shall not affect or extinguish the following rights... (11) Deeds of trust, mortgages and security instruments..."

Described in the videos that this system will help investors buy, fund and sell (national lenders and buyers).

Unless you have a very trusted money manager or business manager (doubt you do or you wouldn't be asking us) who can keep an eye on this stuff, you are likely to get fleeced at some point.

He doesn't know who I am and has no reason to trust that I will send him the check after I receive the assignment of lien.Second, it makes my offer more enticing.

Should I form a Trust to hold the property in?

You absolutely have to get a local presence by spending time in AZ yourself, or by finding someone you can trust to bird-dog for you.

Bill too many factors would weigh into this.You are looking at hard money with very high carrying costs at 60% occupancy as a regular lender won't touch it.Too easy to go from 60% to 40% or lower and the new lender has a fresh foreclosure on their hands.Unless you pay cash you will need a HML or private money and will have to pay low to get it to cash flow until you can refi into a lower debt service once stabilized.Is this a local,regional,or national bank??