You can have him sign the title over to you and basically take it sub2 that way you can control the property and resell.

I'm a little unclear on the actual process of having the interest in these notes assigned.I know it involves an basic assignment of note, having the named-insured on the insurance policy changed, and notifying the borrower of the change.

Basically paying for your place to live.Nothing is set in stone, do things how you feel they need to happen.

There is a court date set.

I'd basically be cutting out a huge sector of the buying pool.

In addition to what Ned mentioned, you will also have advertising, entity maintenance, legal fees, evictions, court costs, periods of high vacancy, damage done by tenants (in excess of the security deposit), lawsuits, utilities (at least during vacancies), etc, etc, etc.

They basically pay you to find the property and put it under contract.

Basically, you need a place to live.You're in Indiana.

Basically when it comes to referral fee's it's just a handshake or verbal agreement on the phone.If you found a buyer for an investor, he should be more than willing to pay you your refferal fee in order to use your services in the future.

Partially because of the lack of punctuation and convention grammar, nobody seems to addressed YSP's basic question which is "who sets the value of these homes?".