I hope to start with assignment contracts and move to just buying properties out right.

Now, as a result of our overseas assignment, the renting out of our own home has re-ignited my itch to invest in RE, although I'm sitting on my hands until we return to the States.  

Hello all,When you purchase a house by having the owner assign their mortgage over to you "subject to", how does that affect the seller's credit?

This will allow me to create a positive cash flow, get non refundable option consideration and a backend profit or…Use the magic of $1.00 to create an assignment and collect a fee.The home was free and clear and I asked him if I offered all cash what price will he give me.

I've contacted two mortgage lenders and I'm waiting to be prequalified.So, I'm willing to buy and fix up before selling or I can option or assign.

Lets say I have a motivated buyer in Michigan( where I live) I go and either get a PA with contingencies or an option contract then I go a quickly find a buyer now I have found a good title company but what about the double closing or assigment does this require the buyer to get a particular mortgage, I know it can be assigned to the buyer for usually small cash amount or whatever possible amount is agreed on but i was reading do some assign to the seller and create a lein that they have too pay back before closing and in essence our pay.

I think it's:if you are the 1st ranked site for that keyword on the 1st of the month starting in march you get:#1 on Google = $500#1 on Yahoo = $200#1 on MSN = $100.not bad.

Locally, there are a few companies that acquire distressed properties somehow (I don't know how) and re-assign it on a short-term fincance (46, 60 or 90 days) to the end buyer.

I have found a nice preforclosure but my plan was just to put the property under contract and then assignment to one of my fellow investors.

I got clarification on key words that apply to our situation from an attorney. 1.