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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Ward, could you answer ?Preforeclosure No eqiuty Posted by Rudy Washington on January 24, 2004 at 5:21 PM Hello, I live in California and I am interested in geeting the deed to a Pre- foreclosure, taking title and putting a new buyer into house. The Market in Los Angeles California is Red hot,so I could sell in 30 days are less. My question is 1. Can I take a down payment from my buyer and create a new loan to wrap, with raising the interest rate. 2. Does it have to be sub 2 since the market is so hot. 3.Could I take down payment from the buyer payoff payments in arrears keep rest.And wrap it. 4. What forms would I take with me to execute this tranaction 5. Can you mentor Me??????? Follow Ups: Preparations for doing an equity buyout and resale... Ward-CA- 8:24 AM, 01/25/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hello, : I live in California and I am interested in geeting the deed to a Pre- foreclosure, taking title and putting a new buyer into house. The Market in Los Angeles California is Red hot,so I could sell in 30 days are less. : My question is : 1. Can I take a down payment from my buyer and create a new loan to wrap, with raising the interest rate. : 2. Does it have to be sub 2 since the market is so hot. : 3.Could I take down payment from the buyer payoff payments in arrears keep rest.And wrap it. : 4. What forms would I take with me to execute this tranaction : 5. Can you mentor Me??????? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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