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All Forum Posts by: N/A N/A

N/A N/A has started 1 posts and replied 6 times.

Post: Owner financing question

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  • Posts 6
  • Votes 0
Originally posted by "c.castro":

I thought you had to hold the Title to do an owner finance deal.

When you do a wrap, wouldn't you normally transfer the title to the buyer?

The Reggie Brooks program seemed interesting when I heard him on a teleconference talking about grants. Do you guys know any books that would teach you how to get grants from the Government so you can fix up ugly houses?

I also heard that private money is better than hard money. The reason being is that with private money, you get all the money upfront including the rehab expenses. With hard money, before you are able to receive money for the construction, the work has to be done first and you have to do a draw request, which means you don't get the rehab money upfront. I was just wondering how you would be able to find private money and how it all works.

Post: Sandwich lease options

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  • Posts 6
  • Votes 0

Sorry about the confusion. Most people who buy properties subject-to often use lease/options as an exit strategy on those properties. My question is, which would be better? Have the property in your name, and then use lease/option as your exit strategy, or just use the sandwich lease/option strategy?

Post: Sandwich lease options

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  • Posts 6
  • Votes 0

would it be better to do a sandwich lease/option over a subject-to with a lease option?

There's a lot of hard money lenders out there. How do I go about finding private money where I don't have to pay for points?