Your assignment fee is determined by how much you decide to make on the deal.Now as Robin described you need to make it a win-win situation, and you do that by factoring your fee into your offer initially so that you can be selling it at your predetermined price.Understand, though, that your assignment fee is whatever you think you can sell it for minus what you get the seller to sell the house to you for.

Over a period of time a loan may be audited several times, especially if there were initial concerns.

I have read reports that CW initiates over 100,000 new SS files each month 2.

I would guess that the biggest piece of due diligence that is not inspected is payment history.Many will inspect the property.Many will inspect the leases.Some may even inspect the expenses.Few will verify proof of paid rents (on time).It's easy to verify what the inherited tenant has agreed to do.

Once you give us notice, you or your assignee have and additional 60 days to close, meaning that you have, in total, up to 11 months from initial option signing to closing.a.

One clause saying I have 3 days (or whatever you want) to check title, have an inspection, verify all of what you have told me, etc. is all I need and you need.

I've only personally seen/verified 1 time where a 'deal' was had in the stock market and that was more than 10 years ago.

I read online that:"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country.

Others only show proforma numbers which is not relevant (particularly with commercial properties).Some of the OE you can verify and plug in to your analysis, while others need to be estimated.

We are looking to start small in the $3-$4M initial start, eventually hoping to be around the $10M mark.Our goal is to scarf up as many good investment properties right now in a long term/short term diversification.