Her husband died when she was 60 years old, with his life insurance, savings from lifetime of scrimping, an accident insurance settlement, she had $600K.

Originally posted by @Brandon Shoults:I just spoke with my tenant about her moving out and me prorating the rent as she is requesting. she agreed that would work for her and no further legal action would be held against me. i got her to agree to signing something saying she would not sue me for the rent money or any medical issues that could have possibly arose from her staying in my house. she agreed to sign a settlement document.

They better hope for a settlement. 6.

She get about 39k a year from her insurance settlement.

Start to finish, (because I hired a great team at every step) I only spent about 15 hours on this deal (Analysis, offer, settlement, design, contractor set up and check ins, rental stabilization, BRRRR refinance paperwork, BRRRR settlement (at Starbucks before work), Selfie with Brookie and this post.)

But the thing is, I don't want to completely rely on other people to manage my money, so I've been experimenting with a bunch of alternative investments, including some exotic ones, like marine vessel acquisition, law firm financing, lawsuit pre-settlement advances, etc.  

This lays out a good framework for potential BRRR partnership.

I think the more important question is not who owns the note, rather who is the asset management company who is repping that agent. get to know the local players in the industry and they can typically tell you who handles which accounts...Get to know the asset management companies, and know who their clients are... it will provide a framework to build on...

In NC you are not required to have an attorney do the actual closing and settlement.

NOT USING AN ATTORNEY NOT WELL VERSED IN FORECLOSURE= I have seen hundreds of closings where the buyer was utilizing an attorney or settlement agent who did not understand the concept of Insurable Title, or that Time is of the essence when it comes to deadlines.