Updated over 11 years ago on . Most recent reply
Quit Claim Method
What is a good way to use a Quit Claim Deed? I will be getting two properties under contract soon. One I will flip to an end buyer and the other I plan to Quit Claim so I can save on the closing cost for now and pay the owner over the course of two years after I get a "rent to own" tenant in the property . Using the tenant payments plus some of my money to pay the owner during the year. The lump sum from the tenant to get into the "rent to own" agreement will reduce my portion of the payments to the owner. Once I get the Quit Claim is there a way to season the title so I can sell to the tenant through a FHA loan after the two year period?