There are so many credentials to be checked and we satisfied with our choice..

Putting the house into a trust and(ex 123 main st trust) assigning my company as trusteeThe seller asked me a question regarding keeping the insurance in place as well.

I have a motivated seller who is looking to relocate; wants to sell her place for 75K --no repairs are needed and it's move in ready and the value is right at $111K.

Should I try to wholesale this to an investor or ...

Remember that one of the main factors in determining what sec 8 will pay is based off their montly income.

My main issue with this is that it seems very, very, very inactive.

It had been listed since August, and our second closing date was January 30th.After politely listening to the closing attorney tell me that this was common with these bank attorneys, and that he had a number of closings pending for the same reason, and then scold me for personally getting involved and not letting them do their job and didn’t I know the bank had an out if they couldn’t prove title and I had no choice other than to extend closing or go away without my earnest money, I got a little pi**ed.

My main question is how often are you able to close a sub-to deal?

Hi Jon,Hi Jon,Yep, you are right...using any type of financing (mortgage, seller carry back) inside the IRA generates that nasty UBIT.I have shown my clients how to use options and lease purchase arrangements to avoid this problem.The better choice is a self administrated solo 401k since UBIT does not apply to this type of plan.Dave

There are 3 main Option strategies....1) ASsignment or Cooperative assignment2) Sandwich3) Straight or Pure Option For the Sandwich, you will want 2 sets of docs.

Hi Taz, the main reason that I would avoid a bank is every loan that you take out through a bank is going to show up on your credit report and this hurts you in a couple of different ways. first, most lenders will only allow you to have a certain number of mortgages open at one time.