Feed back on Ron LeGrand.. - Posted by Michael_NJ

Real Estate Investing Real Estate Gurus
#1

Posted by Bob In Indy on December 08, 2002 at 17:28:57:

Hi,
We approach the motivated sellers that call us by telling them that we’ll buy their home…subject to the existing mortgage. We get the deed, we make the payments on their mortgage…no L/O stuff here. We get the deed.
Yes you can do all kinds of wraps, but why?
We’ll lease out the home and the buyer will have no equitable interest in the home…so if things go sour, we evict. In most states that’s a simple, rapid process.
I don’t want to provide a second mortgage, or other type of financing…no need to, with this system.
Hope this helps,
Bob

#2

Feed back on Ron LeGrand… - Posted by Michael_NJ

Posted by Michael_NJ on December 05, 2002 at 05:15:13:

Can anyone tell me their experiences with the course if taken??

I’ve read and it’s very powerfull… Also does anyone use his contracts in NJ atleast?

How would you know if the loan is a non-qualified loan or not??

Thanks in advance for feedback!!

Michael_NJ
“skys the limit”

#3

Re: Feed back on Ron LeGrand… - Posted by Bob In Indy

Posted by Bob In Indy on December 08, 2002 at 08:57:41:

Hi,
You have to be more specific. Ron has about 10 courses.
I’ve taken most…they work…and in your area.
Hope this helps,
Bob

#4

Re: Feed back on Ron LeGrand… - Posted by Michael_NJ

Posted by Michael_NJ on December 08, 2002 at 16:39:19:

Thanks for the post!!

But w/ qualifying loans, how would you approach a seller other than a L/O?? Also is it possible to Wrap a non-assumeable or qualiying loan??

Thanks

Michael_NJ
“Skys the limit”