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Actually, although banks normally don do assignments on REOs, I have heard of that Wells Fargo has accepted a few offers with an assignment in KC (and a few other markets).

To get details on "double closings" type this in the search and you will see all the postings that have details.

Nike Roshe Run Triple Black On Feet

Nike Roshe Run Triple Black On Feet

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Nike Roshe Run Triple Black On Feet

have read your posts and it has been a godsend! I am learning something new everyday! I never even heard of transactional funding before today, because I have been focusing mostly on flipping.

Now, that I read your posts I can see that I can do a double closing on this house instead and then I would have money for closings costs to buy another house for myself.

Well, you have inspired me to become creative Nike Roshe Girls Blue

How did you find your end buyers?I have joined several real estate groups online.

However, the person who got that offer accepted, did state that he first got the offer accepted without the assignment, and added the assignment in later (as part of the negotiation).

Lawrence, If you can find an investor to purchase this house, one of the methods is to put the house under contract and transfer the purchase and sale contract to this investor. Roshe Run Size 1

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obtain an option to purchase and transfer this contract to the investor. Alnise was absolutely correct, it all depends on you finding the investor first. Or, purchase this property owner occupied (if you live close by) and then sell it.

Hard Money, Residential Commercial Loans

´╗┐How to buy reo with no money down

There is no way to get around POF. Not to get the actual letter for POF but in order to get this project financed. Before you do all this do your research on the home. Get the comps! See what other homes have sold for in that area less than a few miles away. Find out how much repairs cost and what the After Repair Value (ARV) is.

Nike Roshe Run Triple Black On Feet

Nike Roshe Run Triple Black On Feet

Nike Roshe Run Triple Black On Feet

Nike Roshe Run Triple Black On Feet

Nike Roshe Run Triple Black On Feet

Where did you Nike Roshe Run Triple Black On Feet learn this from? The REO forum? I never even looked there, I guess I learned I have to be a master at one thing instead of a jack of all trades!

I was stressing so much trying to figure out a way to buy my first home before I jump into student rentals.

Nike Roshe Run Triple Black On Feet

BTW I live in BK and and I think this is a great way to finally be able to stay at home with my son!

in finding money for my down payment and closing for my first home. I have a bank reo right now that is worth $300k and I can get it for $150k. It has minor repairs, but I was trying to come with the closing costs.

Incidentally, I had a few lenders accept offers on REOs with an EMD of $100 $300, and I know of others who have done the same thing. There aren really any hard and fast rules; the banks are making it up as they go along; and the government is winging it too.

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