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All Forum Posts by: Racquel Ortiz

Racquel Ortiz has started 1 posts and replied 3 times.

Post: Partnering with banks

Racquel OrtizPosted
  • Atlanta, GA
  • Posts 3
  • Votes 0

@Will Fraser I figured it out. You have become licensed with Wall Street first then bring it to the area you’re in. They don’t do due in sales loans only, however they lump in a lot of homes in one.

Post: Partnering with banks

Racquel OrtizPosted
  • Atlanta, GA
  • Posts 3
  • Votes 0

@Will Fraser absolutely I agree. How would I start the process?

Post: Partnering with banks

Racquel OrtizPosted
  • Atlanta, GA
  • Posts 3
  • Votes 0

Hey so I have a questions

I am into buying real estate with absolutely no money no credit and pressing the limit as far as I can.

With doing so I found a voluntary title transfer. After looking more into it I found It’s called the Due-On-Sale clause in the contract that prevents people from doing it. However after looking further into it I learned the banks had to be notified before any transfer then it got me thinking why not partner with banks so I know when the houses are close to foreclosure and I present the option to the clients before they go into foreclosure.

Have you ever done something like this? Do you have experience or advice?