The Land Trust takes title to the property; the Trustee signs the note as Trustee.The Beneficiary(s) name does not appear anywhere on the document, therefore the Beneficiary(s) is not personally liable.

It's a lot easier to lose a $65 stove than a $400 stove!

I have several of them and appearently instead of replacing the cords, you can use something called a Butterfly.

ABSOLUTELY NOTIt's easier to deal with a thousand agents across the country (whose paycheck is partially based on how nice he/she is to the asset manager), than it is to deal with 500,000 buyers complaining about how long it takes to get a response to their offer.

What I mean is, once you have the rehab done and are looking to sell it, is it easier in say the summer compared to the winter to sell that property?

I must say it appears to be less risky.Snappy I wasn't planning on paying of the 1st mortgage but I didn't know whether it was a legal option.

Include a copy of the original subject to appraisal, so that it may be compared to the new appraisal that will be done for the refinance.The idea being that you want to appear as organized and professional to the underwriter as you can.

It appears that some of us don't fully understand exactly what a quitclaim is.Thanks

Things that look good on paper aren't always what they appear.

Once again James a wonderful idea and it will make things a lot easier for everyone, thank you for your time and have a wonderful biggerpockets day!!