Process is simple. 1. purchase contract2. send contract to title company3. bring cash to closing and you're done

But for years I was just working hard without seeing any benefit and I had to keep going even though there was no light at the end of the tunnel.  

The property was appraised at $846k so we got a decent bit of cash back out at closing and are rapidly making our investment back.

Houfy now has a damage protection plan that costs the guests $5 a night and does light identity screening through SuperHog. 

I am currently under contract with a wholesale deal that was to close on Monday.

Purchase price: $90,000 Cash invested: $55,000 Triplex in SE Cleveland (D+ neighborhood)Purchased for 90 and saw 105 for valuation. 25% down plus closing costs and unit repairs has led to about 50-60k going into the deal.

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

There's currently a tenant in the house (who I presume caused the smoke damage), but the seller promises that this tenant will be gone before closing.

Owner occuppied loans regualted in every state .. must have state license and NMLS registration.NON owner occ loans on 1 to 4 units are regulated same way in about 15 statesin the other states they are unregulated.Keep in mind though investor loans do not follow the same rules as owner occ and rates can change charges can change closing dates can be blown through etc

stephen -------------Thats easy to remedy , have the bathroom light wired along with the service switch , she turns off the furnace at the switch , she has no electric in the bathroom .