allthatremains03

What is your contact info?

I apologize that this is not a deal (those will come soon) , but it is RE related. I am a part of a reenactment group in Southern California, and we are looking for new places to hold our events. If you have raw land or remote buildings that are not currently being utilized, we would like to discuss the possibility of renting it from you. We are able to form an organization and hold insurance if that is required. Contact me at allthatremains03@gmail.com Thanks!

Aha! I get it. That makes sense. Don't worry, I'll take the guns out of the safe when I deal with those pesky bird dogs from now on Thanks all!

Adam, could you elaborate about this point more? I could really use the info right now. What are some scenarios you've run into, and what solutions you've found?

Greetings, thought I'd make my first post by getting right to the point. I've been to that Guru's workshops. Or someone with the same strategy. I think the logic of getting the deed is to keep the homeowner from going off and refinancing or selling after you've put in your hard work and patience with the bank. It also forces the bank to deal with you, and keep you in the loop, since you are the legal owner of the property. The goal is for the bank to reduce the loan balance assuming that you, the new owner will refinance and cash them out. The instructor also mentioned that sometimes the bank will allow you to assume the reduced loan, and/or give you better terms. As far as the Due on Sale clause, I believe the idea is that the bank is already at a disadvantage since the borrower is several months behind. What is the bank going to do? require the borrower to cash them out, when they can't even make the payments?