Their lease is going to expire in 6 days.So the most I will lose out are w months rent + legal cost +bogus maintenance bill.

In order to file, you will need to appoint a registered agent which can be any individual or business entity that agrees to accept legal paper's on the LLC's behalf if it is sued.

Probably that you are to young to legally sign a contract if you find a deal.

Generally what happens is the appraiser will appraise it at its highest legal use or in this case a SFR based on the zoning for value purposes.

:)Their rates were very competitive too (example: mid 4% with 2 points).I switched a sizable chunk of my banking/funds over to Union Bank to show I was serious about doing business with them and was more than able to cover the amounts of the loans I would be seeking.However, in the end, I found that it is nearly impossible to get offers accepted in the highly competitive markets I was bidding in if you are trying to buy with financing.

You have to do some real research on why the taxes on the lot are not being paid. 1) Could be simple mistake - then the lot owner will redeem to keep the lease payment income from the building owner coming in. 2) Building parcel owner and lot parcel owner are in a legal battle.

Look - the only way to do this cleanly and legally is just like any other; put it under contract and double close.

Straw buyers are a legal practice as long as it is disclosed with a conventional loan.

I'm not sure it's even legal?

Are these sketchy $400 leases even legal?