Any ideas where I can get a Quit Claim Deed template that is geared towards the transfer into a Trustee?

We have been reading books and doing research, but no boots on the ground yet, so we have no idea on the time frame.We will only have enough for a 5% down payment for a 150 unit by the end of the year.

I also hate the idea of buying a house at market value, but in Raleigh, it seems you have to buy them for above market value.Any suggestions?

Hey all my name is Brett and I have decided to buy my first investment property. I'm currently looking at a house that's listed for 125k they won't budge on price assessed at 123k and the house is nice and located nea...

With this same property and an estimated rent at $1000 a month here are the numbers:Mortgage $485 (75k at 4.75 for 20 year amortization)Taxes $100 (This is a guess because I have no idea what they would be in your properties area)Insurance $50 (This is also a guess but I am basing it off of my own rentals)Property management at 10% $100 (This depends on if you will be managing it yourself or not)Capital expenses savings for repairs 10% $100Vacancy 10% $100Monthly cash flow = $65 (6% APR rate of return on your 13k left in the property).Now there are several variables in this example.  

Does anyone have a better idea?

We have an attorney representing us for closings, etc.I am looking for ideas from the BP community on how to structure this type of deal. 

Also if it is a bank overlay and there is a bank who will do it in 6months is it a bad idea or frowned upon to go to another bank in 6months.

It seems like this is hurting my options (no surprise) but I am being told it makes the idea of buying a home through non-traditional financing methods and then doing a cash-out refi impossible.

The idea of getting $160,000 for a house 5 years from now that is worth $250,000 doesn't seem very appealing.