Although as someone soon to be loan limited straight cash has it's appeals.

Or can I make it go from the previous owner straight to the new owner?

If you have good credit and cash just get with others like yourself and do straight up deals.....before you fry a snapse (brain damage...LOL).

You need to have a serious talk with these tenants and get somethigns straight with them.

When I talk with potential renters and have a house I would not mind selling to them I will tell them that when they are ready we can talk about the sale but it is a straight rental until then.

Once you get your obligation to your investor lined back up with the real market value, you can explore lease option or seller finance or straight sell.

I know that a lot of us on here are use to using acroynms, but looking at some of these posts, a lot of people will get lost if they are just starting out (or it might just be me) I have a habit of it myself, but its really tough to keep all of them straight.

We made the exact same dollar bid every day for 60 straight days and were told no every day.

I have my own attorney who I greatly prefer, but my attorney doesn't do the fancy investor transactions -- if you are looking to do a straight purchase (REO, short sale or retail) or are looking to do a straight resale to a retail buyer, I have another attorney I would recommend, but for investor transactions, John is probably the right guy.And yes, he shares an office with Fearnley & Price (they do all the HUD closings in Atlanta) on the east side of 285...so it's a bit of drive if you don't live on that side of the city.

Here is wording straight out of an addendum (name of brokerage changed and italicized):Originally posted by REO addendum:...Seller shall pay a real estate commission pursuant to the REO Brokers' Real Estate Brokerage Agreement.