A new policy just passed saying she cannot transfer over 50k per person per year over to the US. 

That being said, there still are a handful out there that will allow this type of transfer of funds between the two escrows.Keep in mind that your first course of attack for flipping wholesaling deals is to assign the contract to a new buyer.

Also, once you have your applicants money you have to coordinate getting it back to them when not selected...

Originally posted by @Candace Postell:And the fees that are associated with selling Yes- about 10% with realtors and carrying costs, state and county transfer fees, title insurance, etc.

If they tell you that the tenant said it was OK, politely explain that the tenant does not have the authority under the lease to give that permission.Make sure the utilities are all in your name and that nobody is authorized to turn them on or transfer the name without your permission.My recommendation is that you take action to have the person leave voluntarily or be removed as soon as possible.

I recently met a couple who transfered in from kansas , they wanted a 4 bed colonial in good schools , newer in the $ 250K range , similar to where they moved from .  

In RI,  the DEM has to approve septic plans so if you have a similar agency they may have a record too and as of last year in RI you can't have a cesspool so anything new is a septic.I don't know in NY but in some states on property transfer you need to get a septic inspection but make sure you know what that means.

In addition, we provide a confirmation phone call to our clients from the bank just prior to any and all transfers.

.* The property is not sold and title is not transferred until the tenant exercises the option to buy.

I asked the manager I've worked with if he could transfer the file, and he said he spoke with the manager of the other office, who said "he would take care of it".