Rules apply.P.p.s have my eye on a third one.....am going to have to make a decision soon, as I will probably have to be looking at outside financing for it....!

Chaz Reid lol I know what you mean, all of my friends are wondering why I'm staying home Saturday nights while they're over at house parties and clubs.

I'm not sure I'd feel comfortable with 50% up front in the case of both parties.

The note can be (1) replaced with cash out of your own pocket; (2) sold to another party for cash; or (3) used as part of the payment toward your replacement property.

Best part is I am in and out in a day for less than $ 150.00

Old quitclaim deeds piled on a contract forfeiture with 3 old land contracts not conveyed properly where one or more prior parties are now deceased.  

Take the hit on my third property by selling it and using the proceeds to buy more properties in Texas. 

@Blake BroomerWelcome fellow Pennsylvanian.It also depends on what activity that you are doing, flipping, buy and hold, rehabs, wholesale, commercial, development, etc.There are tax implications, as well as liability issues, and anonymity also.The PA Dept of State has an online file that you can check to see if the proposed name is in use.In most cases I'd recommend that the entity name not contain either you first or sur names.In any event, the best advise would be to contact a PA attorney to help decide the type of entity, your planned work and possible other parties involved. 

The state is obligated to notify each and every named interested party in writing that the sale will take place and that they need to take action if they want to stop the sale.

Good thing that I am a competent plumber.I missed my party that night.On Christmas night this last year I responded to a fire at one of the properties.