An "owner's title policy" is purchased (typically) by the seller for benefit of the buyer. 

How it typically works, you would have to come up with 20 percent.

Essentially you create a parent LLC with each property in it's own secondary or child LLC.

Essentially there are investors out there that can build a large enough portfolio with little debt that can cash flow enough for a great life.If you want to scale to many properties then you will want to consider leveraging your existing properties.

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

And your Realtor would know more about what’s typical with new construction in your State, but I feel they should be fighting for your interests, and be the one having the conversation with the sales rep about a reasonable amount for the earnest money deposit, on your behalf.Glad you haven’t signed anything yet and hope you manage to come to terms that work for you.Keep us posted!

@Ryan YuWhen you refinance a property, you’re essentially taking a loan against the equity in that property.

Typically, HUD charges a daily fee for extensions, which varies depending on the property type and the number of extensions requested.To request an extension, contact your HUD representative or the Asset Manager handling the sale.

While I read reviews, I typically use it to remove those that I would not invest in, meaning does the sponsor have a bad reputation.

Power Washing: Once a year or as needed, typically the owner's cost unless caused by tenant dirt.6.