That said,Realty Note Bid,PennyMac,Carlton Exchange are authentic clearing houses for those assets... and transactions are made daily.If you want real product,establish real personal relationships with Special loan servicers,trustees and NON-tarp lenders...

No part of rents may be credited to any purchase price in Section 8, the landlord is taken off the approved list and the tenant will lose entitlements.Equity will be based on the fair market rents established by appraisal, not the contract, so the buyer is under the impression they have an equity for the LTV and they generally will not have other funds to adjust the required LTVs.Lots of problems with RTOs, insurance, taxes and seller can refinance.

So, three people require a minimum of 170 square feet and four people sleeping in the same dwelling require at least 220 square feet.Overcrowding# In addition to the federal laws, the California Department of Consumer Affairs allows for a landlord to establish a standard for the number of people per square feet in a dwelling but cannot use overcrowding as a pretext for refusing to rent to tenants with children if the landlord would rent the same space to the same number of adults.http://www.ehow.com/facts_7465091_california-maximum-occupancy-law.html

(I know he didn't author REL but it is in his series) Anyway, I thought, "I can do this", I read a Dolf DeRoos, went to the bank, established a line of credit, went to my lawyer and formed an LLC, started looking at properties, made a few offers that weren't accepted (Thank God, I truly believe things happen for a reason) and closed on my first property on 4/13/10, it was a flip.

I'm thinking that a RE agent who does not want to do certain tasks to establish a relationship, may be a little too high on his/her horse.

Shifting this responsibility is in essence giving ownership responsibilities to your tenant and anything they spendin money or in the way of labor can establish an equitable interest in that property.

Your good looks and charm aren't enough, you need solid professional relationships established.

In addition to his points, try starting off with smaller banks established around 2008.

I established what I could offer for the house if I made a down payment of either 25k, 35k, or 50k (being paid off at 5.5%), had a term of 30, 20, or 15 years, and was paying him wither 0% or 2% interest.

This information establishes the basis for what you can do or not do with the land.