Give them both with EMD's to a title company or attorney and have them set up a simultaneous closing.

I'm referring to the standard practice that most people follow most of their adult lives of trading time for money, exclusively.

It used to be standard practice to empty tanks and fill with sand or gravel but that was not an insurance that there was not a leak and that the ground was not contaminated.

Great job, in practice of my calculations you are getting a 6.6 percent cash on cash return from cash in of 40k.

I know that I/we have no tangible reserves at the moment, but we've been hammering down debt like a game of whack-a-mole.Now that we've practically eliminated all of that, I began researching income property.

I'm not a business, I have just this one rental.They went behind our backs and made this deal, completely disrupting our life and causing me to have to pay someone to do the turnover of the unit that I normally would do myself, since they made us turn over mid week and we both work real jobs so we couldn't do the work and simultaneously go to work.

This has more to do with bad lending practices than anything else.  

How long were they tenants and how often did you do inspections.It is not practical to rely on tenants reporting issues and falls on the landlord to be aware of and regularly inspecting a property for issues.

practice makes perfect

Hey guys,Can anybody tell me of any investor friendly title companies that will do double/ simultaneous closings, as well as assignment contracts.