Acquire a business checking with the credit union you like and credit card.

Are talking about pre-foreclosure, Foreclosure auctions, or bank owned properties they acquired through foreclosure?

Thus, the bank acquires the property for $1k or $3k or something like that and only pays transfer tax on that amount.

We have contracts for over here (in Australia) but they do vary slightly from State to State - possibly the same in the US, but your legal people should be able to advise on that.You can get access to US standard option contracts, again that may need to be modified to suit your deal, as part of the package available at my website.

Even when I was working 70 hours weeks and in an an MBA program (NO personal time) I "kept my oar in" and managed to acquire a couple.

He wants to pay our entire mortgage on that house with the following provisions: He takes full responsibility for any unkeep or repairs allieviating the landlord duties for us, then when he is finally ready to buy he wants to pay the amount that is left on the loan so he actually acquires the equity.

He wants to pay our entire mortgage on that house with the following provisions: He takes full responsibility for any unkeep or repairs allieviating the landlord duties for us, then when he is finally ready to buy he wants to pay the amount that is left on the loan so he actually acquires the equity.

Comps, MLS access, etc. thats another thing I thought would give me that slight edge when investingAppreciate your responses.

I remarked that the inspector who officiated over this issue allowed me to run a pop-off (TPV) drain line through the attic since the crawl space is considered non-accessible.

Direct lenders do have access to loans that do not have seasoning requirements., albeit not FHA.