Am in the process of purchasing a SFH that my agent had never once informed me any HOA fee involved, though he’d checked those boxes that said seller shall pay for HOA transfer fee and seller pay HOA document preparation fees on page 2 0f 8 from purchase contract; item 4 E.3) & 4) (which I later found out from my friend who‘s an agent also); where I’d let it slipped; just went by his verbalization when he’d went over the contract with me; he did told me none of those fees on page 2 concerned me and they’re all paid by seller with the exception of 50/50 escrow fee; without further scoping into the itemizations which he should’ve had; so should I.

She needs to pay off IRS' fees and penalties for cashing our 401k afetr she was terminated (that is when she almost lost her house to foreclosure).Currently owes 60k, worth 100k, needs 5-10k for cosmetic repairs, needs about 10k to pay IRS.

I am asking what hidden problems do you see coming up that I am not taking into account.

And then when the end buyer closes with the seller you get the profit, and some kind of fee from the note buyer?

Escrow fees?

As you get more knowledgable you will probably want to try to buy for yourself than just get bird dog fees.

In the area of interest (N metro Boston), I see similar units renting for 1000 - 1200 a month, + tax / condo fee (200) giving me about 400 a month income.

Thinking that since the loan itself will remain in my name I can still move the property over to the LLC for a small fee for the new deed.

How can I work with the seller so that it is understood that there is no agency involved, and in this case is it legal to collect a commission or finder's fee if the property does sell immediately?

You could probably do an assignment of contract for fee.