Situation - We own condo (we paid 50k cash 2 years ago and have rented)MIL is moving into the condo.Mother in Law has about 60k in cash from sale of her house and 30k 401k, and she gets 2k per month SS.Her health is realtively poor.We are open to helping her financially some, but also want to protect her as she is not finacially super wise (She was recently ready to give a hospital a large amount of money because they said the insurance hadn't paid yet)My wife is her only heir.Option # 1 - Rent to her.. fair market is about 600 month.Pros - Simpler, no Title Insurance, She has plenty of cash left to live on, Option # 2 - Sell to her for about 65k.

Competition is a healthy thing, but there's a difference in choosing to be a good sport or a bad sport about it.

That's why you do background check, credit check, and take a healthy deposit.

It is very time consuming to manage SFH projects and I'm at the limit of what I can do.

There are regs that you have to follow when attempting collection and foreclosure on consumer loans.

Does anyone have a fee agreement that they use that they would be willing to share.I have been doing multiple deals with a buyer and its time consuming and not efficient to have him sign a new referral contract for every deal I bring him.

They just don't have the infrastructure or systems in place to meet the needs of the typical business operation (they're geared more towards consumer loans and such), but I think some credit unions are better at this than others.For the purpose of getting mortgages and the like, I think it's hard to beat what a credit union can offer.

Of course, Cali has some more consumer slanted laws, so who knows there.

What’s the difference between: going to nerd wallet, listing 5-10 business cards that don’t report to consumer credit agencies only commercial bureaus, and applying for the cards with 0% APR and 0% Balance Transfer fees vs using these gurus?

well you could start by asking a few realtors in the area how healthy the market is. as for finding a tax sale something i would do is buy a tax property in a more healthy market then a poorer one just to eliminate some of the risk. another route you can use is bird doggers to help find a property for just as cheap or cheaper then a tax sale. i have about 30 i places all over the country and hey find what they can for me in there free time in return i pay then 300- 500 buck per house i close on. a good bird dogger can be very valuable and at times cheaper then targeted mailings and bandit signs.