You are turning it into a sort of fixed ARM where you are locking your future rate adjustments based on the market's expectations today.So again using actual market prices, you are essentially locking in and guaranteeing yourself a 2% rate increase on your first adjustment.

Originally posted by Don Hines:BryanYou sure can talk "purty".LOLBryan was quoting the opening of Chapter 1 of "The Communist Manifesto"Here is the last paragraph of Chapter 1"The essential conditions for the existence and for the sway of the bourgeois class is the formation and augmentation of capital; the condition for capital is wage-labour.

The owner holds the deed, and gives the bank a mortgage or deed of trust (different names for essentially the same thing) and a promissory note.

Because if you don't, the odds of you 1) finding a seller, 2) getting all the paperwork together, 3) getting the bank to approve the closing, and 4) getting the closing done are essentially zero.

The short sale essentially has nothing to do with the option.

To start, you need to do your market analysis - knowing your market is essential.

Essentially, we've now doubled base money (cash or its real equivalent), which will be multiplied/monetized at today's favored multiple - something like 30+ times.

You can send the bank comps but they really don't do much good. they pretty much stick to the BPO which is why it is absolutely essential that your or a partner, our your agent meets the BPO agent.You can push for another BPO using those comps, but it will be a hard fight with most lenders.

Essentially thats a double close with the B-C transaction funding part of the down payment for the AB purchase and a second mortgage to fund the rest of the down payment.If this is a good deal, and you can't buy it yourself, why not wholesale it?

For taxes, sole proprietor, LLC and s-corp all end up the same (oversimplified a bit, again, a CPA is essential.)