Be ready to pay off the loan, end buyer refi (the reason for a wrap is not always bad credit), sell property, deed back and do a lease purchase option for a while (depending on what state you are in), whatever needed.The banks are not gods - they are just entities that do not care much for their customers due to being too big.Stay safe out there kidsIt isn't that it's different as a Subject To or wrap, it's that Texas has a very quick foreclosure process.

On that thread most Landlords ( Housing providers) disagreed with her thought process and though to spend money lobbying this was not warranted.

Good afternoon all,I have a tenant who wants to move in her boyfriend who is currently on parole.

My wife and I are looking to househack a property which we'd later like to move out of and keep as a rental property.

Now that the restraining order has been lifted, she is still a leaseholder and is entitled to enter the property to collect her belongings.Make sure to give adequate notice to the remaining tenant and conduct a thorough screening process.

This will make the process a nightmare for you.

I have an LLC that I just created that I plan to move that property into.I am currently living in a 3/2 valued at $600k with an outstanding mortgage of $300k.

., and then do inspections and negotiate on inspection repair requests as part of the process.

Anyone able to advise me on the process of buying a preforeclosure property in CA or point me to a website that describes the entire process?

If you move forward and do the work yourself, I would say find out who your Guests are.