These checks are after all closing fees and the remaining mortgages were paid off, meaning it's my profit.

Account Closed who is the expert in the field.  

If you plan on managing it yourself, you want to be close to monitor any improvements and get familiar and comfortable with the entire process.

It must be a non-recourse loan, made to the IRA with no personal guarantees from you or close family members.

The hardest parts are to price the property correctly, finding a buyer and negotiating the close.

Hi Margarita-Great question.There are many mental blocks and friction points to buying your first property.First off, just buying property outside of a first or second home to use is not done by most people and buying your first home is a major purchase for most people.That means the people in our immediate sphere of influence are not thinking about buying investment property, they see it as risky and out of a sense of protecting you or themselves encourage you not to do it.I remember having the same mental blocks and fears you probably do thinking about buying your first property or first investment property.The most critical thing to overcoming these mental blocks is self education and surrounding yourself with the best team of people to help you.An investor friendly Realtor who can refer you to an investor friendly lender, title company or closing office, property inspector, property manager, and insurance agent.Real estate is relational and having the best team will keep you out of the weeds.To Your Success!

Looking to get an understanding of the closing costs involved with a seller financed commercial property in North Carolina. 

My name is Christian Padilla.I'm wholesaling in North Carolina as well as helping others close deals in other states like Detroit and Florida.

We just closed on a $550,000 home and plan on renting the duplex out.

My wife and I are getting close to entering the real estate market as investors, we live in Canada but are planning on entering into the US market.