Closing costs - you will have to pay taxes/stamps etc. typically as a seller.4.

Hi Everyone,I  am a professional wholesaler and property locator, I locate property on/off market, do a full due diligence on title, encumbrances, taxes ect...

I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Owning has advantages that LL does not such as no vacancy, typically lower maintenance/cap ex versus being occupied by tenants, and often property tax breaks. 

However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...

Has anybody dealt with Investors Edge and gotten 100% financing after paying $3995 membership fee?

Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.

Wanted to still be close to family but maintain a cheaper lifestyle, still have strong appreciation, and much better tenant/landlord laws, taxes, etc. 

Beyond that, sending upfront fees to a lender is not okay.