I'm looking to find any information on selling turn key properties to IRA holders, individual investors, and private equity companies.Lately I've been wholesaling turn-key properties to investors in my market for 18% net yield!

As per the example above, John Smith Trustee of 123 Easy St. would be title holder and on public record and John Smith would be easy to search on and find.

At the point the down payment has been secured in full they get a mortgage for your asking price and become the deed holder also....Kudos,Mary

The POA is specific to the property and should also let you order the final payoff.Also make sure the seller sends in a "Release of Information" authorization so you can talk directly to the mortgage holder about the account.

Is the current deed holder the same as the 'bank' that executed the foreclosure?

The tax bill goes directly to the mortgage holder.

What happens to you as the note holder?

Sounds like there may be requirements for certain note holders for compliance even when they hire sub-servicers or servicers based on the total loans serviced, being over 500, I'd say that would be any independent servicer, like GreenTree.Looking forward to the future final rule, LOL :)

About the only way to improve the lead quality is to do a more targeted mailing aimed at previous buyers, note holders, etc. depending what you're marketing for.

The likelihood is that they will recharacterize these as credit transactions, thus subjecting the holder to all the laws that regulate lenders.