That is, they would then own the Note and Deed of Trust or Mortgage made between you and the rehabber, and would then collect the 14% payments.This could be accomplished with a simple straight note between you and your lender with a clause that says, in effect, if you default, they get to replace their name with yours on your loan docs to the rehabber.

I was born and raised in the City and learned about investing techniques when I was in my 20's, now 73 still going strong and doing bigger and more profitable transactions.

Retailers end up selling to end-users.As a wholesaler you are basically the middleman in the transaction.

What does the transaction look like?

Thanks for this cost effective option, that I hope others can learn from! 

There can be no direct or indirect benefit or transactions between a disqualified party and a plan.  

Has the experience been good (and relatively cost effective)?

It just means she has the right to represent someone in a transaction in which she has no interest. 

The only danger is the banks due on sale clause so make sure you can qualify to fiance a new mortgage @Brian Gibbons is an expert on subject 2 transactions and he can further help you Good luck

She stated that the renter makes it difficult to show the house, and she may have to come up with money to sell it because of sales costs and comission.Her other property is in Ohio, she had purchased it in a tax auction, but never had enough money to fix it, so she has been accumulating property taxes on an empty property for six years.So I gave her a plan to sell both properties immediately and she was able to even make some money within sixty days of putting the plan in effect.