and is there a way of sending in a letter of intent with terms or do i need to fill out the entire contract along with proof of funds for every offer ?

Here in Tampa we have Cuban families that have houses with 3 or 4 rooms that they rent to older ladies, two to a room, with an area for sitting and watching TV, a patio for visiting and they get their meals cooked for them for around a thousand a month, each.

I see a correction coming too, maybe 15% in desirable market and 20% in speculative markets filled with investors

and or deeds that are filled out but not recorded .. recording is not mandatory for ownership... its smart to do that lest someone does something nefarious . but not mandatory.

We have filled our vacancies pretty fast with this method.

The bank is called Citizens Trust, if you go to their website and call the mortgage dept you should get a woman named Tianna Dickson who will help you get set up, or just fill out the online form and they will call you.

The wholesaler sent me an assignment contract that I took to my real estate attorney along with an EMD check, but the assignment contract wasn't filled out correctly and I haven't even seen the original contract between the seller and wholesaler.

If you know something I don't know, fill me in.

The loan will mostly be needed for about 3 months as a bridge between when we get billed by subs and when we get reimbursed by our regular construction loan.The equity-home mortgage stands at $400k and the house is probably valued around $2M in today's market.I've used Legalzoom to obtain and fill out a Promissory Note and Security Agreement.

Most tenants don't like our restrictions and will gladly use the heating system that we provide.We also keep a few oil-filled space heaters (radiator type) in our tool supply for when we have a furnace breakdown.