Posted by Mike-WA on April 06, 2002 at 15:46:14:
1)escrow the deed
2)record a perfomance mortgage so they cant encumber the property
3)active finder a lender for your tenant/buyer from day 1
4)Dont know what “risks” you refer to. I do these about every 3 weeks. easy, painless, smooth. I love em. Love even better people that are scared of em (and Sub2’s) more deals for me. Hope this helps, Mike
Sandwich L/O Investors - Posted by Cire
Posted by Cire on April 06, 2002 at 09:16:17:
Just trying to get a feel for how many Sandwich L/O investors are actively working deals. It seems that risk may outweigh the reward. With the original owner still having the title, how do you keep future liens being placed on the property? It also appears title seasoning may be an issue when the T/B exercises his option.
Re: Sandwich L/O Investors - Posted by PBoone
Posted by PBoone on April 06, 2002 at 11:10:34:
All are concerns to be dealt with, we sandwich with strategy
Pat
Re: Sandwich L/O Investors - Posted by Cire
Posted by Cire on April 06, 2002 at 11:13:09:
I understand a strategy is required (do you suggest a particular course?). I assume you are successful and your rewards outweigh the risk. Thanks for the response.