I just had one of these I made a title claim and the title company paid me off.if your stupid enough to buy without title insurance your in trouble.also if you don't know any better and don't pay for a policy that also covers the wholesale fee your going to be out of luck when you make your claim . along with any rehab you have done.Now for me I was able to make the claim and got paid AND I filed a quiet title action and won that so now I own the property .. the fraudster is being chased by the title company and well it took 18 months but it looks like we might come out ahead..

Investment Info:Small multi-family (2-4 units) buy & hold investment in Boise.

Ideally I would like to do buy and hold, with a specific focus of multi family then moving into commercial apartments.

Talk to your CPA about doing a carryover but I would advise buying another investment property.

Before buying any property - I recommend learning some basic accounting such as cash flow statement, balance sheet and P&L.

Then buy houses at about a 10% discount.Buy house 1 for 180k and put down 45k and use 10k for some minor refresh (paint, new appliances go a long way).Buy house 2 for 180k and put down your 45k (25%) and use another 10k for some minor refresh.Now you owe 360k in loans.

When I will be renting a room or basement in my house (that I will be buying as primary residence), I’m planning for the roommate to just zell me the monthly rent directly to my back account.

Hi,I’m in the process of buying a second home and turning my primary into a rental.

First, you have to buy correctly.

If I sell a property for a certain amount, do I have to buy another property that is similar in price?