Yes, the seller has to pay the agent, but they choose to do this when they signed the listing agreement.

Now from the tax angle think of an LLC as a lump of clay that you can mold into the type of tax planning that fits your individual situation.You can choose to have an LLC taxed in one of four ways;1.

I deal primarily with REOs working with clients on the purchase of them (About 75% of my business).Banks and AMs have a process they use to look at offers, some pay attention to the names coming in on the contracts, some do not.If you included a letter stating you were not associated with the other party, you should be good.During a multiple offer situation, this is USUALLY how banks view offers, in order of importance, and these do have a great effect with who they do choose to be the one to buy the property.Purchase priceClosing costsFinance typeEarnest Money DepositI've had buyers to win contracts over other bidders not by purchase price, but by the fact they had cash to close, or were willing to put down $10k as compared to another buyer's $1k.

A Minimum of 24 months is required, and credit counseling is mandatory for success.Agreements and Videos include but are not limited to:Local State LeaseContract For Option AgreementDisclosure of Terms of Lease and Contract For OptionPrepared Sale and Purchase AgreementVideo of Walk Through at move inVideo of Signing Agreements and Reading of Agreements========================A Personal point of comment:]That way if the tenant is evicted at any point prior to purchase - technically nothing has been paid into a downpayment?

The number of accounts and the size of your mailbox may be limited by the account you choose, but you should be able to find something relatively cheaply that will meet your needs.

So long as the bank carries their own paper, the can make any guidelines they choose.

Dan,That is the 2nd video like that you have posted, where do you find these things?

The amount you choose to put down only changes your COC return, there is no "cost" to your downpayment.

It also puts a little coin in their pocket for video games and MP3 downloads!

I'm far from pretty, but because of my videos, my prospective tenants and buyers already feel a connection even before we meet.