[On or before ______________, 20__] or [Within ________ [INSERT NUMBER OF DAYS] from the [date of this agreement], Seller and Buyer agree to deliver to Servicer all supporting documentation for Servicer’s Loan Assumption approval review.

We will soon be closing on a property in Marion, Kansas and we will need a good, professional, reasonably priced bonded and insured electrician for several tasks needed for compliance and upgrades.

The Solo option allows you to be tax deferrable and in most instances you can with manage it yourself with checkbook writing or through some companies like Fidelity, they require a TPA/Custodian to help manage the documents for REI & things.

Hey folks,Just got my track search back for a property tomorrow and found:---Recapture Agreement recorded (date) as document(number) made by (person) to Illinois Housing Development Authority, to secure a note in the originally stated principal amount of $25,000.00, and to the terms and conditions thereof.All I can find about a Recapture Agreement is that it is a 0% loan given to certain people from the government for rehab.  

Without taxes and insurance the mortgage payment is just under $900. 

This is one of the only deals I've seen where cashflow isn't negative. 1968 triplex with 3 car garage on the market for 71 days.Purchase price: $289,900Estimated cost of repairs:  $5000ARV: $335,000 (this is best guess with what comps I was able to dig up)Closing costs: $2500Down pmt: 25% ($72,475)Loan amt: $217,425 amortized over 39 years @ 5% interestUtilities are paid by tenants so I would only have to worry about trash ($84/mo), insurance ($167/mo).Maintanance and repairs: $132.10CapEx: $264.20Vacancy: $132.10Property taxes: $279.67Rental income: $2642.00Cash flow: $415.75Cash on cash ROI: $6.24%I have not walked the property so I can't be certain what the HVAC or roof look like.  

Hey all,I've struggled to understand interest tracing and even after re-reading the IRS documents I am still pretty fuzzy and hoping to find some guidance from this community. 

Kyle,Property Insurance generally is written on an "occurrence basis" meaning that the policy in force at the time of loss is the one that pays. 

Does the PM have a documented move out inspection with photos to back up the charges?  

I will be obtaining flood insurance forthwith.