Signing the property to you after you already own it is not going to change their right to collect the overbid.Why do you really care?

The less skin the buyer has in the game the more likely they are to walk away and leave the lender holding the bag.You really have to expect that you might have problems collecting the payments.

From what I hear these are becoming more popular, as are loads of collection agencies willing to buy them and pursue for the money.

I get the $2K, I charge a $300-$400 for legal/document preparation and I can charge whatever interest rate I want.Do I occassionally have some hassles collecting?

The servicer of the loan collects the payments, forelcoses when the payments stop and liquidates the property.

She had taken excuses instead of money and hadn't collected any rent for July, August, September, October, or November!!!

Bird Dogg'n 101 1) Find investor buyers. 2) Find a property that meets investor buyers criteria. 3) Bring property and invest/buyer together. 4) Collect a check.

Gross rents are what you collect from the tenants.

Period.Are you looking to collect some interest from buying tax liens?

But it is only an edge if it's used.By systematically collecting just a few local demographic statistics (job growth, population growth and income) and property performance fundamentals, we can get ahead of the curve.