`(d) Insurance of Mortgages- The Secretary is authorized upon application of a mortgagee to make commitments to insure or to insure any eligible mortgage that has been refinanced in a manner meeting the requirements under subsection (e).

.$400 for expenses (taxes, insurance, maint,e tc...)$400 left to pay debt and profit...so, In my pocket, I have $400 - Mortgage??

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.

This means that you would complete Schedule E of Form 1040 for the rental property (assuming the property is held in your name and not by a business entity).

I started out in college, but I wish I was one of those whiz kids that started when they were 16......as far as good wholesaling info, check out Vena Jones-Cox (I'm sure you can get some stuff cheap on E-bay)Mike.....right now wholesaling is tough in most areas of the country, with Florida being one of them.

•The average age of someone who searches for property on the internet - 38•The Median Age of a text messager - 38•86% of of users who have a cell phone have used text messagingA quote about the text messaging industry:"These numbers are not unlike what we saw in e-mail response during the mid-1990's as the Web emerged an advertising medium," said Will Hodgman, CEO, M:Metrics, who also founded AdRelevance, the global standard for advertising measurement on the Internet.

Here's the e-mail I got from him.

Whether you own 1 property or 1000, from day 1 run it like a business (see E-Myth Revisited for more).

Build e-mail list5.

I asked myself the same things others ask before doing this - I'm afraid a) that I won't be able to pay the rental mortgage, b) that the house will need more work than I anticipated, c) that I won't be able to rent the house, d) that the eventual tenant won't pay the rent, e) that the tenant destroys the property, etc. etc.I was afraid of all those things, and some did come to pass, briefly.