Hey all, just signed up and can't wait to start reading up on all the content on this site.A bud of mine has been pitching me some ideas for rentals and foreclosures in the dallas / tx area and I'm trying to learn more about what I could be getting into.

ive been wondering how do you present yourself as a property manager when it comes to signing documents of course when your the owner you have to state your the owner, do you still present yourself as just the property manager then?

Because of this, the second debt holder will not sign off and is willing to take this to foreclosure.

What do you think is going to happen to you when you sign contracts with a few sellers and YOU weasel out (because your buyer bailed out)?

You sign a contract with the seller to protect your interests.

do not give him any money whatsoever.the most you should have to do is sign a buyer agency agreement - which is an agreement between you (the buyer) and the broker...most brokers have sales agents who get listings/clients...clients are considered sellers or buyers that sign exclusive agreements with a brokerage.

I sent him the contract and he did not sign and return it.

Meanwhile, I have a box of bandit signs sitting in my office that I can no longer post (disclosure!)

You can have the previous owners just sign a deed to you and then they have no redemption, but the only problem with this is that many of these properties have major title issues.

Once I sign the lease option agreement with the seller and find a tenant to put in the home then have the tenant to sign their lease agreement from me, wouldn't I too have to come out of pocket to put down the option fee at the time the lease option agreement is signed between me and the original seller?