I understand that technically a "cash offer" shouldn't involve a loan... but hard money is generally considered the same as cash in the sense that there aren't contingencies involved...

Plus, if you end up denying them for some reason, they may stop payment on the check.

how much profit did you walk away with after any title fees, any realtor fees involved?

This topic is the one that I am *most* uncomfortable about, among all the things involved in renting a house - The up-front fees for submitting an application.Okay, we want the applicant to to pay us for running their credit reports.

Everyone closely involved knows it.

There's no brokers involved or anything like that.

Hence the house prices there barely keep up with inflation.So, finding a renting that will cash flow can involve all the things people have said plus knowing if your market has any.

:Whatever you do, do NOT get involved with any of the "Guru's."

Hi All,My name is Dana and I'm new to this sort of thing, but eager to learn and get involved in investing in real estate.Just looking to expand my network here and figured this would be a good way to begin this venture.Nice to meet you all,Dana

There is no specific contract involved though most deals will use a P&S contract.Subject-to is also a technique and not a contact.Lease options have a lease component and an option component.