ChrisGA

Well,to be honest, I dont really care what the banks say with the contract...... I just assigned one the other day....of course I have about 3 on my plate from the same bank....REO what is that.......the banks i do business with all foreclosed properties are in the non performing assets.....dont use REO with banks that is a realtor term....... YOU could do a double closing, with you bank and your buyer..... this gets around the no assignment clause....oh, use another closing agent.

What is the motivation?, Now the attorney is involved with this and he has probably priced this, Family probably wants all cash, if with estate.....What kind of income is with these? 100% occupied? This seems high price even for my area on 2 duplexs.....Californians probably dream of properties this low. 25k per unit if no repairs are needed.....repairs needed subtract cost of repairs..... You gotta make money... YOU MAKE MONEY WHEN YOU BUY NOT WHEN YOU SELL.....

I personally have never had a problem w/ Hard money lenders pulling my credit, they have just charged me 5-10 points on the loan upfront at closing. Try lining up personal private funds from individuals, for your rehab projects. Talk to people who may have 20-50k in an IRA and want to earn 14-16% interest, secure mortgage by property.

WANTED: Dead or Alive Problem SF or MF properties Prefer Southeast Will look at all. email Chris