Sometimes it works, sometime it costs you more.The BEST way to know if you have a good deal or not, from a return perspective, is to compare the financial performance of a property to your personal investment criteria and requirements.

Extending beyond one day puts “B” at risk of owning a house he or she can’t sell and owing you on a loan they might not be able to perform on.

Buyer agrees to use best efforts to pay off existing loans that are in sellers name within five years of close of escrow.)Protection for the sellerBuyer will execute a quitclaim deed back to the seller, which is held in escrow unrecordedHow to protect the buyer in the chain of title and potential future creditors of the seller.For the buyers protection a lien of some percentage (I like to see at least 20%) of the purchase price in favor of the buyer executed by the seller will be recorded a "Sellers Performance Deed of Trust" The buyer will appear to be a juniors lender for public record purposes.The seller is protectedFor the sellers protection a reconveyance of said deed shall be executed by the buyer, which would be recorded in the event of a default upon request of the seller, which remains uncured for sixty (60) days upon written notice of default, has been mailed to the buyerThis would allow the management company to unilaterally remove buyers cloud on the title by using the pre-signed reconveyance if the default was not cured as outlined.

As for as non performing notes, I don't see it slowing down because of the DF act.Joe Gore

Reputation matters to these agents and if you get a rep as a guy who will take product and perform on contracts that can make you money down the road when he slides you deals first.

We have performed on 600+ homes in a row with success and no failures in 8 years.

I know a couple investment I can start with like wholesaling, Finders fee and performing notes( if anyone has any better suggestions it would be really appreciated).

The beautiful thing about real estate is that it's always worth something so its not like you're going to buy the house and the value magically drops to zero and you lose everything.

A repair request will be deemed permission for the Landlord or its Agent to enter the Premises to perform such maintenance or repairs in accordance with ACCESS BY LANDLORD TO PREMISES herein unless otherwise specifically requested, in writing, by Tenant.

I just bought 20 non performing notes in Detroit and only paid 10% of UPB.Joe Gore