I would consider my risk tolerance to be slightly on the conservative side.

As a result of doing that title search, the borrower will pay for a "lender's title policy" for you.You also want an appraisal on the property done by an appraiser you choose.

. $50K more than you started with.His point if you can buy with zero cash, have the tenant pay off the mortgage plus running costs, sell at a lower price than you purchased for and walk away with $50K more than you started with.

Just assume that there are deals out there and you just have to calibrate your radar so you can zero in on them.Welcome and good luck.Post questions at any time.John Corey

Many buyers do not get a policy.

Some are obviously much less interested.As All Cash has indicated he likes to use zero debt and frankly focuses on today's values.

If it costs me $12K in (paid) labor, versus ZERO or even $6K to do it myself I have to gain one heck of a lot of "leverage" to make that pay.

Note that at least one person who invests in Canada does not live there so be inclusive rather than zero in on only those in the country.John Corey

Even if this did comp at 300, at 226 you're in it for 75% with a ZERO repair budget.

Order Title:Title Policy is ordered at the time of approval, and will close at Title Company specified by seller or company instructions.5.