Thanks so much for the inputs of both pros.I am ok with Special Warranted Deeds + title Insurance (maybe subject to some special exclusion), but how will my potential buyer get when they are purchasing the property after rehabbing for couple of months?

I think the agent needs to fire you as a client.I know you are young and just getting started but you seem to think you have some kind of exclusive claim on their time.

@Mooro El , one thing to keep in mind is most listing agreements I have seen are exclusive so I doubt they would let their commission go even if you were able to sell it so you need to plan on getting enough to cover that as well, if you do not have a signed agreement with the seller and broker the broker could try to steal your sale as well, so whatever you do get an agreement in writing with both seller and broker.

Karyn, I'm way south of you and deal exclusively in low income buy and hold, but like to shot out a hello to new members in Washington, so welcome!

The definition of Other non-interest income is:All non interest income of the bank not required to be reported elsewhere, including (but exclusive to):1.Income and fees from the rental of safe deposit boxes;2.Income and fees from the sale of checks, money orders, cashiers' checks, and travelers' checks; 3.Income and fees from the use of the bank's ATMs;4.Income from performing data processing services for others;5.Earnings on or other increases in the value of the cash surrender value of bank-owned life insurance policies;6.Rent and other income from Real Estate Owned.Alas, using the Statistics on Depository Institutions Report page doesn't provide granularity to see just the Rent and other income from Real Estate Owned.

No equity no deal IMO.Get together with a RE Attorney to ask or get the correct paperwork suitable/legal for your area.Find buyers by networking with investors, agents, brokers, lenders, attorneys, craigslist, bandit signs, newspapers, etc, etc...

In the podcast a couple of weeks ago, the guest mentioned working exclusively with investor buyers.

Finding a good mortgage broker will save a large amount of time, and also expose you to lenders that work exclusively through mortgage brokers and don't deal directly with investors.

If you are not going to market your home and are going to give your house to Realtors to sell on an exclusive basis I would wait until you have the home finished as it takes a special talent to sell homes under construction as opposed to "show and tell".

., I'm not in general real estate, I exclusively flip houses in the Monroe County area on a full time basis.