I would assume we can transfer title, but it doesn't seem like we could transfer the mortgage.

Putting anything more than 40 to 50% down doesn't really do much in terms of getting a better loan rate or terms.

And if there are issues, they know they can be fixed easily and reasonably cheaply from their end - so long-term, it's still worthwhile. 2) the company knows it won't be around for more than a year or two, so it doesn't matter what they offer.

It doesn't have to be accurate but somewhere in the ballpark all advice is appreciated thanks

The issue is that the bank probably doesn't want to deal with any of this.

Honestly, I don't; however, that doesn't mean I can't.

Anish,Investing 600K to get $100 cash flow doesn't sound to me like a good plan :)I think you can invest it much more efficient if you just look out of state.It will give you a much better price to rent ratio, plus in many states, laws are landlord friendly and not tenants friendly as in CA.If you want to learn more about out of state investments please feel free to check this meet up group:meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

This doesn't make sense to me cause the agents said the insurance policies were bound before cutoff (some insurers were still able to write policies earlier today).With your closings on Sept 19th and 11th of Oct, Irma should have passed.

Is correct in that It doesn't mean the home can't sell, just that he'll be paid when the escrow closes.

The way I see it is if the property taxes are so high to keep from getting ahead with your rental it doesn't pay much to keep it or look at that area to buy.We had a inner city 6 plex,, our taxes jumped from 5400 a year to 6800 ... on a 6 unit building this was after we had contested the tax hike that's 133.00 per apt per year or 95.00 bucks a month just for taxes.per unit.. we contested the increase hired a appraiser had a meet and look at with the city appraiser.. it knocked it down for a while but went right back up a year later..