Solution: Only close with an experienced closing attorney and always make the borrower get the lender's title insurance.Your collateral (the property) may be worth less than you think - OK, let's assume you definitely are in first position.

It a few years ago my wife and I were in a very similar position and opted to buy a personal residence rather than house hack a MFR.

What are the average annual fees to maintain the license?

You are in a good position to be in no doubt .

This property has had a positive cash flow and I currently net over 450 monthly.

The property will be in your name as the owner, the lender will then have a first lien position on it. 

I live in Bayonne and have seen progress towards positive change since moving here (luxury apartment complexes, ferry, Costco, Military Ocean Terminal redevelopment, bike share, park improvements).

Anyone have any experience using crowdfunding?

To over simplify, one I call the California method (buy high and sell higher) and the Texas method (buy for positive cash flow).  

Let me first provide a little context on where we are at with the deal and the overall condition of the property.My intention: Primary residence- 2 yrs, then rentalLocation: Denver, CO (Very high growth neighborhood, this deal was almost all dumb luck...)Condition: House is B Class, recently remodeled, 3br, 2ba, huge yard, carport, shed, new roof, everything about this house is above and beyond what I consider move in ready.Asking price:  $399,000Days on Market: 27My Offer: $375,00 (Accepted)Contingencies: Inspection, Appraisal and Seller allowed to live in the property for 9 months after closing while new build is being completed.The seller is in a position where they need capital to finance and complete the build that has already broken ground on their new home.