I saw a video a real estate video, and they were speaking on negotiating a discount on a subject 2 property with the bank.im confused about something. ok, lets say you do a subject to on a pre foreclosure, and get the deed. where im confused is, normally, in a subject to, you just take over the payments and pay the remaining loan balance. in the video, they say you can negotiate a discounted payoff. are they saying that the discounted payoff is negotiated DURING the preforeclosure, as soon as you get the deed, etc. or is it part of the EXIT strategy?

Try not to tie-in substantial lessee improvements with the option exercise. 5.

To do this, you need to have an "objective" scoring approach as outlined in this next link.http://www.biggerpockets.com/renewsblog/2008/2/9/managing-tenants-part-three-written-criteria-for-tenant-selection/I just offer to first qualified applicant and don't process any applications beyond that one.One other way to break a tie is to see who is willing to commit their CASH money to lock in the unit; you would get the full amount of money that you require to hold the unit and get paperwork (a binder, holding agreement, or lease - whatever you use) signed that shows the commitment from the applicant.

Most of the remaining bargains need a lot of rehab and are not approved for a straight Homepath loan, you need a Homepath Renovation loan.

How long should post like this one remain before being deleted?

The condition of the home is excellent and I am willing to let it go much below market if I can find someone who will allow them to remain in the home.

I did some probate research and it shows the owner selling the piece 4 years ago for 208k on a VL with 10k down and the remaining paid at 3k/month.

Any ideas on how I can use my equity that is tied up in my property..?

Our pre-payments change the "effective" amortization of the mortgage, but not our obligations to the lender.We also have the option, at mortgage renewal, of refinancing the remaining balance back out to a new 25 years amortization if it makes sense.

The app can do SO much more, including being hooked up with your email and archiving your emails so that you remain on top of things.I learned how to use the system by going to thesecretweapon.com where all of the uses of the app are detailed with great insight in a marvelous video series.It changed my life and hopefully it can help you too!