For me, votes are the highest form of acknowledgement and affirmation to be had here on this forum, short of a written compliment.

We use a simple purchase contract with a disclosure on the risks of participating in a subject to transaction and have the seller acknowledge we will not be paying off the underlying financing upon close.

The city has acknowledged the current STR rules are not legally enforceable and based that on the recent court case in New Orleans where the requirement to have a primary residence in the city was deemed unconstitutional (Atlanta's current legislation has this Primary residence requirement).  

Just a realist who is willing to acknowledge the achievements of others.

I have the seller sign acknowledging that I work for the buyer, since I am the buyer.

In my agreement they acknowledge this.XIV.RESELL: Seller authorizes the Buyer to enter into a sales agreement to resell the property during this escrow period.

I think everyone here is acknowledging that you do not want to flip without disclosing that you are an investor intending to resell for a profit, and that flipping during a required bank holding period is foolish if it is part of the short sale approval or affidavit.

@Tara PillowI like to draft my letters to appear as if you have sent a letter to the whole neighborhood and not acknowledge that they are 90 days late.

Great job and thank you Dev, without support from people like yourself and the many others, BP wouldn't be worth visiting..With this post I wanted to acknowledge why I feel so strongly that the We Buy Houses brand is something everyone should look at...

I strongly believe this will be the case in about 3 years or so.Nobody has a crystal ball but I see many banks cutting through the crud on their books whether that be residential,construction,or commercial loans for some time to come.Only when that is taken care of will most banks look to owner financed and calling the note to re lend at higher rates.It will also depend on what the borrowing costs will be to the banks at that time from the Federal reserve.If the spread is large on calling the loan I can see it but not for marginal gains.My thing is if I am buying a property that is value add and putting considerable money in to turning it around I WANT THE DEED.If I can pick up an income stream without the deed with no recourse to me then if it goes south I haven't lost all this money in the deal.Morality,ethics,etc. is open to many views and if a buyer is trying to limit risk exposure to their cash I don't fault them for it.As long as everything is disclosed upfront and both parties have acknowledged what the transaction is and is not.