This step formalizes the transfer of rights from you to the new buyer.It's crucial to ensure that all parties are aware of and agree to the assignment process before proceeding.Closing:At the closing, the new buyer typically pays the purchase price outlined in the original purchase agreement directly to the seller.Simultaneously, the new buyer pays the assignment fee (your profit) to you, as specified in the assignment agreement.The closing may involve a title company or attorney to facilitate the transfer of ownership and ensure all legal requirements are met.

Is it easy to rent and they pay on time? 

G’Day BP folks,A fellow Toledo investor started a Facebook group revealing all local scammers.Mostly contractors.10+ years of investing in Toledo and stopped counting at $1m in losses.It’s just the nature of the beast and the cost of doing business in my eyes.Unfortunately, Toledo is notorious for bad operators and poor quality of workmanship in many industries.Maybe this group will help you not loose the same amount of cheese that I did $$$You’re welcome 😇 https://facebook.com/groups/786864700099337/

Equity Building:As you pay down your mortgage using rental income, you're simultaneously building equity in the property.

Proper quoted us more than double what we've been paying. 

The only disadvantage is that you would pay the HELOC payment to buy time to see what happens. 

Hire a realtor and pay them to provide you with recently sold rental comparables.

More for the folks that live here

My approach now would be to focus on real estate investing and build a portfolio that pays for as much additional education as one desires. 

Time is money, sure, anyone can close in 14 days -- and pay for it for years to come.