Sets you apart form all the rest.

The rest I pocket.

I was given the idea of selling the home to a trusted friend or relative, for a temporary period of say two years with the idea of buying the home back once our credit and financial situation is better.

I've been listening to REI podcasts and reading all sorts of everything for the past two years in addition to reading a number of assorted financial periodicals in general (any sort of periodical being another big weakness for me), and I think it's finally time to take what I've learned and take some action.

Because not only are they slime-balls, but they’ve ruined things for the rest of us.The same holds true for Sub2’s.

Theres nothing you can do with the Right of Redemption period, becuase the borrower may always come back and get the hosue back.

Regardless, you will still need to replace or repair these items periodically, so include that in your expense calculations.I would NOT install these if you are renting section 8 and/or low income properties.

Some lenders now have seasoning requirements and require that the seller be on title for some period of time.

Deposit taking firms (banks mostly) are the ones who can not hold property beyond what they need for normal operations.There is no magic period of time.

biggerpoLike the rest of the nation, there is a housing slowdown in parts of Houston (mostly outside the loop in $150k Nabs), but inside loop 610, and especially close to DT, the market is on fire.