Have Any Of You Done This Via Subject 2

Comments(6)

• 
  InActive_Account28th May, 2005

  Yes there are several ways to owner finance a property without the seller deeding you the property.
  
  A contract for deed is a contract between a seller and buyer which states that the buyer will make payments to the seller for a period of time until all payments are made and then the seller will sign a deed to the buyer conveying legal title.
  
  True seller financing is when the seller will allow you to give him a promissary note secured my a mortgage and immedietly
  signs the deed over to you giving the buyer true legal title.

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  InActive_Account6th June, 2005

  I bought my first property on CFD and just assigned my contract for 11,000. So in a sence you can sell a cfd property.

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  InActive_Account9th June, 2005

  No I just sold my contract. I made it very clear when In my CFD that the contract was freely assignable.

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  InActive_Account9th June, 2005

  I love creative real estate!! It keeps your brain alive!!

• 
  IBuyHousesInc10th June, 2005

  theREIkid
  
  Looks like someone is showing off a little.
  
  I agree with you, there are all kinds of ways to make money in this industry...
  
  Form a Corporation.
  In california it cost 115.00 to file a Corporation,
  
  Have the corp as the original buyer and then sell the shares of the corp to the new buyer on an option contract.
  
  Seems simple to me

• 
  chumah11th June, 2005

  sometimes it makes sense to be simple