I'm Locking up my first 2 Properties & Lease to Buy another Home for myself in Beverly Hills,CA Real Estate Agent Contacted me all he wants is POF Letters to turn over the Properties to me .
The 2 Homes I'm going to Auction Off for A Porfit with A Assignment Clause .
My Own Home I'm going to Lease it for now & then whenever I feel like I'll Buy it & Do A Auction w/Assignment Clause & Sell my home For Another Property maybe in about 4-5 years after moving in it.
I'm Using Hard Money Lenders & Traditional day Funding to Purchase My Homes .
My Next thing is to Buy 2 more homes & lock them up for More Income .
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I was an an Insider's Edge Conference and the speaker stated that any home loan can be assumed or assumed with specific criteria. I have spoken with several realtors and they do not have a clue about this. Would someone PLEASE explain to me one more time how to assume someone's loan and if this is a good idea in today's market.
L@BByersMarket