Since Phill Grove launched at the national level is assigned Mortgage Payments System (AMPS), my partner, REI rockstars, and I always wondered with this great question: "Is the schedule of mortgage payments to?"
Of course, whenever you have a new, zero down, no risk strategies such as this to explode on the scene of RE as an amplifier will always be someone in the peanut gallery saying, "You can not do it! Schedule mortgage payments are not legal .":
Yet, these guys are asking, so I'll give you my perspective as a member of the REI rockstars who did these deals like clockwork years, and have formed some strong ideas on the issue of "The Assignment of mortgage payments to ?"
First, a disclaimer, I am not a lawyer, this is just my opinion and you should seek your own advice and use their own judgments.
is a schedule of mortgage payments to? "Yes, I think, and here's why.
Advantage! Although this is a great new idea, it is based on something that has been around for a long time. What is it? Specifically, it uses "under the" contract that the property under a contract that is nothing new.
Second, when thinking about whether or not "is a schedule of mortgage payments to?" is that the system learns "to detect, disclose, disclose." In business as in life, and AMPS honesty is the best policy. If you do this as Phill Grove teaches, then everyone in the transaction, including the Bank was informed that it was taking place.
This is not some "smoke and mirrors", the scheme is somewhat hidden.
The final point on the question "Is the schedule of mortgage payments to?" that is, for many years, many investors have a Guru in one way or another, it is recommended that owners of many forms of finance, under the, lease option, lease purchase and rent to own type of strategy. Each of these, from what I can tell, in one form or another, will have the same legal effect as an amplifier business.
I'm pretty sure that if a man like Robert Kiyosaki and George Ross are in prison for "fraud," we all would have heard about it.
This is my take on the question "Is the schedule of mortgage payments to?" Obviously I am not a lawyer and we encourage you to seek their own council, and to always follow the law in your state.
