Here in AZ I purchased a home previously and the owners and I went through an escrow company and they did all the paper work and I made all my payments to the escrow company.

The most I ever was able to buy in a month was 5.Steve- Will does all the paperwork and research.

After closing takes place, that finalized HUD and paperwork will be forwarded back to the bank.

My administration fee (which is standard to cover paperwork costs and wire fees) is $495, so Nick's cost should have only been $2495.

That keeps the work load (paperwork) down and the time to investigate 60 homes each month.The way I do it, I may walk through 5-10 homes per month, make no more than 2-4 offers per month, and get one or two accepted.

I am going to contact a lawyer who I got referred to that also has rental properties in the area, but wanted to get some feedback on how the typical process works: what paperwork etc is signed if we do agree on a price and can I make the deal contingent on my attorneys review, should I have a contract made up or is it OK to use his and then come back with changes after attorney review...?

That way whatever the broker allows, she should be allowed to do, including paperwork to use.And what you stated would certainly apply to those investors who are also licensed realtors.

Also I was curious to know if money made under an LLC would show on my personal tax return or would the LLC have its own tax paperwork.

The paperwork ($150-$500 from an attorney) and filing fees ($20-$50).

I use a buyer agent mainly to do the paperwork but I wouldn't trust his opinion (If I could find any...) as far as I can throw a chair...