Finding Foreclosures & Flipping - Newbie
Tell me if I can do this...Our market it SO HOT!
I am finding people who are in foreclosure and want out, I want to get them caught up in their payments, have them quit claim to me and then turn around and sell with the existing financing in place. What kind of problems will I run into?
stacey,
I think you need to look at articles and past posts on this site pertaining to Sub2. If preforeclosure and foreclosure properties, you may want to touch base with John Locke on this site. Good Luck.
Dave
[addsig]
I suggest you read some articals on this site and maybe buy a course, But yeah this can be done its called buying subject to:
I was tought to use a warranty deed though .
pretty sure iv seen Mr. Locke telling a couple people he never used a quit claim deed before...
that a warranty deed is the way to go...
~Anrdew