This will allow the seller to recieve what he desired to walk away with.

Once you have that personal liability to pay them, transfering title into your entity does not relieve you of that responsibility and as long as they continue to recieve the monthly payments on time, they have no issues.

(we have about 20k between us)but i am worried that if we do, I will not be able to recieve good financing on a multi-unit in Virginia Beach.Could anyone tell me if:1. they think it is a good idea to invest with a partner in an area where i will not be staying2.

Most programs out there give you ample opportunity to simply cheat on quizzes/exams to pass their courses very fast.The Real Estate Exam is not very hard and I really think I could have come very close to passing it without any study work and simply using common sense, educated guessing, but there is a lot you simply will not even know anything about without proper studying.If you are self motivated, not very social or care to be, and know you will learn in-depth and want the freedom of being able to do it on your own time then take it online.If you like interaction, and doubt your will power to really study something on your own and not cut corners simply to achieve the end piece of paper result then take classes.I live in Texas though, so we are only one of a few states that seems to actually require any real amount of education to recieve a license.

Although all the advice you recieved here is very good and valid, there are 2 differnet schools of thought and the difference is in motivation.

I used to have a $35 late fee and $5 a day after but always got into arguements with tenants about when I actually recieved it.

I gave them the new amount and told them when they could expect to pay it.I then gave them a choice of $75 gift certificate to one of three local places1) grocery place2) walmart3) restaurantThey were to check the place they wanted to recieve the gift certificate and notified that upon renewal the certificate would be sent.

However I am denied access to this resource recieving the following messageYou are not authorized to view this page The Web server you are attempting to reach has a list of IP addresses that are not allowed to access the Web site, and the IP address of your browsing computer is on this list.

Inventory is down a bit, but I believe the banks are going to continue to recieve large numbers for the next two years.To Your Success,

Buyer recieves 40-80k at closing, but also needs to come up with 1.2mil for owner financing.