If you were asking us to analyze a possible purchase, I'd say to run away.

Hi all,I purchased a two-unit home a few years ago as my primary residence with a conventional loan, and was told by an accountant that there is no reporting or extra tax forms I need to file as long as my tenant in the upstairs unit is paying less than the total of my mortgage.

Purchase price: $90,000 Cash invested: $50,000 Sale price: $235,700 My first flip What made you interested in investing in this type of deal?

Is there a resource whereby I can run a search for, say, the last 6 months or 12 months for all properties that were purchased "off market", not listed by an agent. 

I recently purchased a small farm (1 acre) with a house that we just finished remodeling.

Why do you think purchase contracts are so long and have such small print?

I purchased a property in Warren and had to switch PMC's about 6 months in. 

The monthly rental of a home should be 2% of the home purchase price. 

Good cash flow on the property and will continue to bring you income and appreciation.I'm not sure of the numbers when you purchased the property, but assuming you followed the customary practice of 3.5%-5% down, you have a property with some very solid appreciation. 

     - If they decide to cancel make sure there is not a memorandum recorded with the county. 4) Yes, the sale will be going through a title company. 5) Reach out and I would be more than happy to answer any questions.