It's essentially an automatic EMD release clause in your contract, so that you don't need to run after the buyers for them to sign the release.

If all looks good, I suggest a one-year loan with one automatic one-year extension for another 2 points, subject to on-time payments, taxes & insurance paid, etc.

Doesn't automatically make it a bad deal!

Skynet will automatically disallow your claimed losses and send you a tax notice.

It's not my speed... but it's clear you have passion and that's critical for anyone's success in this business.

I recently graduated college - paid for by the houses my parents were flipping while I was off studying - and wanted to find a modest way to give back what I could.To do this, I'm making a tool that lets them scan their receipts and it will automatically upload it to a pre-formatted Google Sheet that they can keep for each property to track expenses and eventually other metrics like returns etc...

Because state laws vary widely, my first thought is to talk with a title insurance underwriter in your state to see the requirements for insurable title on a tax deed.Quiet title may not happen "automatically".

Knowing somebody who can speed up the process at the branch would definitely help.

I own seven properties there, one my son lives in the other six are rented out.

Hey Harshraj, I use Zillow Rental Manager, you can setup automatic rent collection and the rental income is easy to track.