However, I seldom got such information from my buyer's agent (i.e. if it can be found via mls)and I tried to ask my agent to get those documents from the seller's agent.

What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files taxes at the end of the year...how do they report income from holding a mortgage?...

I just had a property turn over and followed this procedure for the showings:I advertise the property and handle all calls, emails, texts on it and set up viewing appointments (I group them all within 30-45 minutes on one day)The current tenants show the property to prospective rentersWhen someone applies, they email or fax in the application and pay the application fee via PayPal (although I am now trying out Cozy for applications) and I process the applicationIf the application passes, I prepare and email over the lease for signatureWhen the lease is signed and sent back to me, I send over a payment request for the first month's rent (via Dwolla or Cozy)At the check-in, I drive to the property to check them in myself and collect the security deposit in secured funds (or use Cozy to collect it beforehand)I have been doing the above for a long time and it has worked pretty well.

@Beau BundyI'm an active investor in the area, feel free to reach out to me via email and we can talk more.

We purchased our first home (deal) in July 2016 via auction in Humble, TX (Northeast Houston) and about to complete the remodel by end of September.

Always looking for interesting deals... please feel free to make a colleague request and we can chat via PM 

I know it's difficult to translate sarcasm via text, but I will most definitely try.About a year or so ago I connected with a guy living in southern Utah that invests to try and pick his brain, get advice, and possibly partner on some deals with.

@Chris Reid,I Think on the last Wednesday of the Month, a group of BP members get together in Fairfield.Make Ct one of your "keyword alerts," and when the information is posted, you will get a notice of the meeting via an email.Raymond

CA OR WA NV are all purchase money states were no deficiency is obtainable if the loan was a owner occ first loan. 4. since this is not a lawsuit .. what happens is the second lender has a NOTICE of sale in their recorded second and they get notified via that document.. 

Hi All,I plan to move my rental properties into an LLC (about 2 per LLC), and was wondering if anyone did this via a General Warranty Deed.I'm in NJ and looking at the form to be sent to county clerk and it looks super easy enough.