Heidi Pagano at C2 Financial is amazing to work with, patient and knowledgeable on all types of loans.

A great place for investors to share their knowledge and experiences!

So as a result of my “asset protection” procedures, the end result was that instead of being sued personally and having to spend the time, money and emotional stress of both defending my self AND suing the insurance companies and condo association, the plaintiffs accepted an ASSIGNMENT of proceeds and signed a form releasing me and my LLC from liability in exchange for the right to go after the insurance companies themselves. 

But, it's a unique strategy that requires more knowledge than expected.

Without getting too deep into the weeds, there are a few ways to do this, including:- write up an assignable lease and an option to buy which the seller signs, then assign the lease and option agreements to a tenant-buyer.

If it is an REO where the bank has foreclosed already, you will need to got through the assigned realtor who is working with the bank on REO properties.

I fund a lot of folks that do this. its just wholesaling dirt .. nothing sinister .. some try to actually buy it others try to tie it up and assign contracts.

You can check out his property walk-through videos on Instagram, Vimeo, and Facebook, and get insights into his knowledge on his Twin Cities Investing Show podcast.

The coaches and speaker are very knowledgeable but, then you get hit up for $40,000.00 for the mentorship program.

I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.