Buy and Hold real estate investing is a lot like the game Monopoly... you start out with the little green houses and eventually move up to the big red hotels.Same goes in real life.

If you buy at auction, make sure to do a title search beforehand (ask a title company, should cost a little).

A title company could probably get you this info for a fee.

New to the real estate investing game.  

It should not be a problem to sell except that you might have to bring money to closing to cover the costs of sale of about 6% or about $6,000 for each $100,000 plus regular escrow and title costs.

My dad has owned a property for 10+ years, and he hasn’t done anything with it. So it needs to be torn down completely, and I want to buy it from him. He paid $35,000 for it, and it’s worth around $100k today. When I ...

I realized the stupidity of that statement after I posted it and didn't know how to edit the title lol.

Can I sell property in the name of one LLC and buy and take title in the name of another LLC?

Can I sell property in the name of one LLC and buy and take title in the name of another LLC?

Abstract fees (abstract of title fees).Charges for installing utility services.Legal fees (including title search and preparationof the sales contract and deed).Recording fees.Surveys.Transfer taxes.Owner's title insurance.Any amounts the seller owes that you agree to pay, such as back taxes or interest,recording or mortgage fees,charges for improvements or repairs,and sales commissions.Settlement costs do not include amounts placed in escrow for the future payment of items such as taxes and insurance.3) if there were other costs incurred to acquire the house such as if you spend money for tax advice, tickets to fly to look at the house( or milage)  and such also gets added to the basisGood luck