Usually ends up higher than 5% though, closer to 8-10% in most cases.

And thus, most people never end up starting a care home.Fortunately i'm going to share the number one concept (aka my secret) that I've realized that will really help put things into order and hopefully simplify the process.

The rental market is still extremely hot and prices are high with inventory low, but I have still been managing to cash flow on the new purchases.     

If the new people want the unit prior to the end of the current tenant's lease, I would tell them they would have to pay the daily rent beginning the day they got the key and took possession.

Rents on the low end are $150 a month uncovered.

My understanding is reason we use title company/title insurance is to make sure buyer is not responsible for any previous liens, tax or legal issues before closing date.I am trying to understand this at high level so I can have a path forward.

All I need to do is have a final number that totals $550k (a high price for this home)I was looking at doing 0% interest, 30 yr amortization, with a 10 yr balloon.

Little did I know, that I just entered into a highly dysfunctional situation where the seller has already been brought to court to sell and was refusing to sign the closing documents.

My primary house estimate value is around $450k, I still owe $60k for mortgage, and I have $45k in high yields saving now. 

We have some high-yield savings accounts at an online bank, as well accounts at our local bank where the interest rates are pathetic.