Saved a few dollars in capital gains, but in a hot market, the $25K I'll save, someone will just offer $25K more if the $25K is that important to me.While I'm on the subject, a co-worker of mine, who owned real estate in upstate NY mentioned that he's done some real estate transactions where he received actual cash as part of the down payment.

Can there be a co-borrower on an FHA loan?

-I also have a co signer for my loan.

If done right with your sweat equity, hard work and the investor's trust in you, it will most likely put you in a position to buy from then on yourself or with a co-investor in it for a fair return on their money. 

A co worker of mine got me hooked a few years ago on something called a sheriff sale I've done some research but the process seems risky I would like to look into these further.For instance if I have a question about something say a tax delinquent sale how does this work exactly do you essentially pay that persons taxes and if they don't pay them within that year you will own that property?

With gas, make sure you have a CO detector in addition to a smoke detector, and you are required by code to have ventilation for the stove (this could be a simple recirculating hood if local code permits). 2) I would say this depends entirely on your tenant audience and local comps, sorry I can't help more.

It hasn't been revealed if there was a CO detector, sometimes people unhook them when they think it is malfunctioning because they don't smell anything.

The borrower must also: Provide satisfactory evidence of the increase in dependents and the property’s failure to meet the family’s needs.Pay down the outstanding mortgage balance on the present property to a 75% or less loan to value ratio, exclusive of any financed mortgage insurance premium.Vacating a jointly owned property: If the borrower is vacating a residence that will remain occupied by a co-borrower, the borrower is permitted to obtain another owner occupied mortgage.

My parents would be primary on the loan and I would be a co-signer.

Hi, I am interested in purchasing a coop in New York City. Can anyone give me an idea about closing costs and taxes related to co-ops? I have only purchased a home in NJ prior to this.Richelle