I have smaller properties in mind for myself since I'm just starting out, but I see the potential.

See the mortgage will remain in the sellers name, and he was saying that there was some escrow from the payments he made last year. he received some sort of statement and wanted to keep it. so since the mortgage company will not mail a check he was saying if i could cut him a check.

Bring it below 3% utilization (you will see the biggest score jump), you can ask for a credit increase.

When seeing seller financing do you see the buyer doing short term loans with the seller?

How are you accessing the MLS to see the cancelled or expired listings?

Me and my wife have been considering getting into the investor game for a while and this community is awesome and has so much information to consume and I can see the vast potential that is available in real estate to get out of my day job.

So I have analyzed this 4plex as best I can, it seems like good deals on paper - and then I went to see the units...I am now getting nervous about the condition in which some tenants keep the rentals.

2) Property Managers - Typical fees to be expected if you want to use them to find a tenant, and of course manage the move-in/move-out, and monthly rent collection etc3) Out of State investment - I know almost everyone does it, but do you feel that I should travel out there at least once, and see the properties I'm about to buy, or do realtors give virtual tours, and help you out as much as they can to create a comfort level you need to buy it sight unseen?

I am in a similar position and did some research then contacted my RE attorney.What I heard was that you can perform a quit claim deed and transfer the property and insurance into an LLC.The challenge is with the lender, typically lenders to a conventional loan will not allow transfer to LLC but you may want to call and ask.If they approve get it in writing so you have a legal document.If you try to perform this without informing the lender, they may call the loan.This will typically happen when they are confirming that you have insurance on the property.If they see the insurer as XYZ LLC, red flags will go off.

I want them to see the sold date, not the sent date because the sent date is always the same for 1 message.