Many of them make real sense.Since then Freddy and Fannie have issued new guidelines that allow processors to place the unpaid amount in the back of the loan.This at simple and cold view seems like a 30 years loan at no interest (based on the age of your loan) and not a bad idea for any investor if mortgage payments are hefty.

Even before COVID, it was tough to find a non-QM lender that was willing to fund your loan held in an LLC for title, but with most non-QM lenders gone (most of them literally stopped funding loans last month), you will be hard pressed to find a lender in the current environment that will allow you to keep your home in LLC at funding.Good luck with your investing!

Those who quit their full time job cold turkey and go full on into real estate. 

This makes targeted direct mail, cold calling, texting, SEO, SEM good strategies.

Its not an appreciation play, but you would be hard pressed to find a better cash flow market (outside of the rust belt).  

Its cold...

Technically, you're loosing $800 in cash flow, but at the same time, you'd be hard pressed to find a 2/3 bedroom in North Jersey in a good stable location for $800/month.

@Cesar Rivera if i find something i will point you to that direction too.Right now, I help an out off state investor by finding leads from the pre-foreclosure notice, making cold calls, making an offer to the homeowner, then when its closing time i come in with the investor with his cash to close. 

This presents a unique opportunity with many investors opting to press the pause button for a minute, opening the door for other investors who are still looking for deals. 

Line up your own financing in the event you fail to place the deal (if its a good deal it is still worth pressing forward) and 5.