Their names will be on the title and mortgage since that is where the money is coming from, however, the agreement and plan is to refinance them off the title and mortgage at a later point since this is a short-term loan, and not an equity stake in the property.

But wholesale marketing is very alluring - $0 down, get involved in the RE "game" from home, etc etc.

I am looking for a title company which will close an ab bc simultaneous transaction in NY. 

I want to be able to write off the mortgage, insurance and property tax, can I do that by not being on the mortgage and just being on the title?

In NJ title is ordered by the Buyer and not the Seller. 

  - Seller can file adverse possession suit, get title, sale the property, and keep all of it

Re: redemption of property, returning deed to ownersbought this property at tax auction...The constable sent the deed to me and it states " I hereby convey to the grantee (me)all of the rights, title, and interest owed by the defendants in the property described above"So I guess what im asking in your experience ...is there anything I have to do before mailing this deed to the former property owners?

Inspections, title, and closing fees could be $2,500+. 

I purchased a foreclosure duplex 4 years ago and used the banks recommended Title agent and purchased Title insurance.

If they have no skin in the game and they aren’t playing a “mentor role” I don’t know if I would give a percentage of the profits.