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Hi, I've sent you a PM on what approaches are available. rgds, RebelYell

thx ! It's [email protected]

Hi Brian, two houses for 10K ? Wow !! How will they work ? Do they need rehab work and what is the rental market in Indiana like ? RebelYell

No Mortgage Hi bernie, from what I have experienced, the subject-to strategy only works in a pre-foreclosure situation where an existing home owner is being foreclosed upon and is about to lose their home. By taking over the mortgage and being also provided with the deed, you are...

Hi Bernie, as a matter interest, is your offer subject to obtaining finance or not ? RebelYell

US Update ? Hi all, any updates on how folks have gone with their US purchases ? Evey7, did you get a tenant and how has everything worked out ?? RebelYell

Hi nocholas, I have purchased property this year in the US without having to deal with banks and sky-high rates. The area I've bought into is also very stable economically with a growing jobs market and rising population. By purchasing via an owner-finance arrangment you still get to use...

Hi CS, the bank have no issue with this, as the name on the mortgage does not change. You make the payments though. Whether you are a resident or not isn't relevant. Type 'Subject-To' into Google and have a read - interesting stuff. Rebel

Hi, another method you can look into is to buy 'Subject-To' the existing finance. You basically take over the existing loan repayments on a property that is usually in foreclosure. You don't need to pay the usual mortgage establishment fees or apply for finance to the bank. This method is...