If the PCR (Property Condition Report) identifies the property as IE (Insurable with Escrow) the, yes, a lender may allow you to fund an escrow account at closing.

Check with your insurance company first - they might have an opinion on what you are planning on doing

If you form an LLC, you'll have a new company with $0 of income.

I don't want to ask the insurance company first incase it flags something wrong.

Tenant was in a MTM lease and would like to stay, but the seller provided a very bad review and had several issues to report about their experience with the tenant.Would appreciate any help on how to legally remove the tenant, along with tips to consider throughout the process.

Lots of companies that you don't have a choice in changing the wording of the contract or a choice in going with someone else have things like that in their contracts.

For these types of questions - it would make sense to start by getting some quotes and term sheets from actual hard money lenders (larger companies, found via google or the directory on BP) - can still do the private money - but these terms they give you can easily be the starting point - and you will likely get a lender to walk you through them for free anyway

Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.

Note to self - always go with a larger company who will be around for the long haul.

My company is a sponsor at the GOREIA, so we are there every month and I also go to smaller ones in the area monthly.