You list for sale at say $110k, then when you sell, the end buyer is paying $110k, just like any "regular" transaction, and 70k, goes to the family (less the option fee you already paid) and the rest goes to you, as the option holder.

Just because someone is under paid does not make them incompetent.In a land trust the primary owner is still attached to the property you just have all of the Right of Direction(similar to a Power of Attorney) so long story short, the payment still gets sent under the owners name.

Meaning, when i have enough net income from my properties, I will be able to use it as a downpayment and continue to snowball payments until the new property is paid off.

Also If the contract is written at a higher sale price to use the gift of equity, will transfer taxes have to be paid on both the financed and non-financed portions of the sale?

They allow me to be in business when rent is paid as agreed.

Let me ask two questions: Question #1: If you are a homeowner, what is the ratio of the percentage of your equity in your primary residence compared to your REI equity + primary home equity.For example if you live in a $300,000 home that is paid off and your equity in your home ($300,000) + equity in your REI ($700,000) is $1,000,000.

They have insufficient credit to generate a score which is good considering they haven't run up a bunch of charge cards and not paid them.Here is the problem.

Do I need a trustee even though the property is 100% paid for?

Okay I'm not in the US so I can't walk in the front door of an title company like J Scott but on my first propertie search in Cincinnati OH was an issue found in the title and they helped me for these only paid 100 bucks to find out why and made a fix then.

I have actually never paid for an app :) I transferred weather bug elite, tiger woods golf, some racing game etc from my brother's iPhone (for some reason apple allows this??