Overall we both would win it seems quite big, esp w interest only the cashflow would be positive. he didnt really like we are doing an appraisal as he might be thinking he can pull a fast one on us w his price tag.. again happy to overpay as i see the potential but obv not outrageously. 2) Can principal be payed down in interest only seller financing? 

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

I was in Baltimore city a few months ago and tagged along on a few appointments we went to 3 he wrote one up while I sat in the kitchen and watched him  LOL..

We were two weeks from closing, and I received a call from our attorney stating that the title came back incorrectly.  

Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck 

So I decided to go to my listing every day and change little things (upload a new picture, switch the order of the pictures, change the title of the property, add more or different info in the about section and edit price) The next day, we went from 0 bookings in January to 71% occupancy! 

@Micki Ray Harper  In a quiet title lawsuit, you are obligated try to find people who should be defendants.

Hey Davian, I wanted to know if you found anyone for title companies.

And I have only ever seen the tag line reference one appearance not two or more.  

- Agents and title companies I work with always expect EM to be delivered within 24 hrs of opening escrow.