Question: If I have the borrower's sign a deed-in-lieu before closing the loan, what would trigger my ability to exercise it?

SFH "A" in Johnson County is red hot anything hitting the MLS is priced to the point of no meat on the bone for an investor of course there is a few expectations to that rule.The only way I have found deals is word of the mouth, fact I am looking at a SFH "A" right now, but the amount of work needing done and the value the owner thinks it is worth is a spread that may not shrink to the point of a trigger pull.

Changing title could trigger gift tax filing requirement.

What factors should I be looking at before I pull the trigger on buying on buying a property.

Go for it Mitch , there’s very few things in life you can say “ I’m 100% sure” sometimes you have to pull the trigger at 80% sure  .

Make sure to do a comprehensive evaluation of your investment before pulling the trigger.    

Good luck, keep us posted on if you pull the trigger! 

  :)Let us know if you pull the trigger, would love to hear about it if so and best of luck! 

My question to you, is what was the moment where you had ENOUGH and finally got STARTED and pulled the trigger on your first deal?

Then again, if you trigger a search and they find red flags, would you have wanted to assume the risk of buying it without their guidance only to get busted in the future?