It can get complicated so make sure you use a good agent above and beyond the price.

I just don't see why any seller would commit to such a overly complicated deal unless they were getting wayyyy more than the property is actually worth.

This is a simple example and I've seen some complex ones that required superior court judicial decision.

It will be an expensive and uphill battle for your seller if she cant get a deed through negotiation from her husband and is relying on the judicial system.

The complicated questions requiring complicated and experienced answers will get fewere responses simply due to the nature of the post.Lenny, my suggestion is to be vreative in how you post your question and name it.

I have found the srap as much more complicated than most people are aware of.

Now to answer your question, As far as putting a new deed in escrow, it is not too complicated but not all sellers will agree to it.

Of course you want to put someone in in a timely manner, but it is not like you have a $1,500 mortgage.Now using those same numbers of $550 mth for 30 yrs = 198,000 minus 10% vacacany and 10-15% repairs you are still looking at $151,470 now take 10 homes like that and tell me where you go wrong bring in $1.5 Mil.Simple math not complicated.

Many people may not know it, but if they know who the present management co is now, maybe a judicious call to them for that info may be productive.

If you want to do a total gut job on a house, you are talking 8 weeks or more maybe plus a much more complicated project with permits and multiple subs etc, plus some design work.