I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.

@John Merritt   Remember transferring property involves to things: transferring the deed which transfers ownership of the actual property and the security instrument (mortgage, security deed or deed of trust) which shows who is on the hook for the $$ borrowed. 

I've been involved in the Indianapolis market for nearly 10 years and it has been strong that whole time. 

Looking to get involved and network with our local REA in and around the San Antonio area.

How is the owner involved if HUD has the property ?

Saving that much is no small task.

Originally posted by @Steven Picker:https://www.housingwire.com/articles/46567-sec-shu...really nothing goodYUP  this is bad news for all involved.. 

One thing you seriously have to consider is whether the turnover/vacancy involved would have a big impact on your bottom line - for example does your property manager take 1/2 a month rent to find a new renter, how much would you spend in cleaning/paint/carpet/etc between tenants and if it is a cheaper property in the area, are your tenants going to maintain the property well? 

Even though your payment will be higher you can do this for a shorter period of time than the 400$ payments but of coarse you may not cash flow any at that point which really sucks .personally  I don’t think this is even a good deal to be wasting time and money on given the risk involved .

If financing was involved, a mtg would be recorded shortly after the deed, usually recorded back to back, on the property, under the buyer’s name.