Comments on: How to get around the “non assignability clause” when investing in real estate http://www.thereibrain.com/realestate-blog/2007/09/how-to-get-around-the-non-assignability-clause-when-investing-in-real-estate/#utm_source=feed&utm_medium=feed&utm_campaign=feed Real Investing for Real Life! Mon, 26 Dec 2011 23:24:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jay http://www.thereibrain.com/realestate-blog/2007/09/how-to-get-around-the-non-assignability-clause-when-investing-in-real-estate/comment-page-1/#comment-80496 Jay Fri, 10 Sep 2010 05:06:46 +0000 http://thereibrain.com/realestate-blog/?p=99#comment-80496 Does the EMD come from my buyer? How would the pof to the REO bank be presented if the contract is in the name of an LLC? My experience is the bank pof as a bank statement in the name of the person or LLC the contract is under. Most REO fixer-uppers are cash offer deals. They don’t accept simple pof letters from transactional funding lenders. Does the EMD come from my buyer?

How would the pof to the REO bank be presented if the contract is in the name of an LLC? My experience is the bank pof as a bank statement in the name of the person or LLC the contract is under. Most REO fixer-uppers are cash offer deals. They don’t accept simple pof letters from transactional funding lenders.

]]> By: Profit From Foreclosures Part 2 | Empower 2 Go | Martin Casper http://www.thereibrain.com/realestate-blog/2007/09/how-to-get-around-the-non-assignability-clause-when-investing-in-real-estate/comment-page-1/#comment-59141 Profit From Foreclosures Part 2 | Empower 2 Go | Martin Casper Tue, 29 Dec 2009 06:13:32 +0000 http://thereibrain.com/realestate-blog/?p=99#comment-59141 [...] that give leverage and Empower the investor, while allowing him or her to avoid the issue of “Non-Assign-ability“. These were “Add to the Contract then Quit Claim” and the “Simultaneous [...] [...] that give leverage and Empower the investor, while allowing him or her to avoid the issue of “Non-Assign-ability“. These were “Add to the Contract then Quit Claim” and the “Simultaneous [...]

]]> By: James http://www.thereibrain.com/realestate-blog/2007/09/how-to-get-around-the-non-assignability-clause-when-investing-in-real-estate/comment-page-1/#comment-31394 James Wed, 26 Nov 2008 07:40:19 +0000 http://thereibrain.com/realestate-blog/?p=99#comment-31394 One question. How do you make the offer when using LLC as the buyer to purchase a non-assignable REO? When I makr the offer in the name of the address and LLC, do I "sign" as 123 Oak Street LLC or my actual name on the offer? One question. How do you make the offer when using LLC as the buyer to purchase a non-assignable REO?

When I makr the offer in the name of the address and LLC, do I “sign” as 123 Oak Street LLC or my actual name on the offer?

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