Not popular to do, the brokers usually require cash on their split.

You can find comps on any of the popular websites but it isn't as easy as going through the MLS like an agent can.BTW on your purchase does your 1st mortgage lender know about this seller financed 2nd?

The new buyer will be indemnified in the event of a covered claim, but the rehabber, who never actually had title insurance (only a binder that became void when the buyer's policy was issued) will not be indemnified by the title company.One of the important features of a title policy is being provided the costs of defense when a claim arises.

Lots of great photos on massively popular websites sell listed properties WAY more than listing agents. ;-)

The short concise cautionary advice is from experienced seasoned investors - Just a newbie observation when I see this subject arise on bp:) Sharing reality with new bp member/friend is my only intention.

It can be a challenge to come up with good valuations from inconsistent data.You didn't mention your strategy, but I would recommend against trying to flip anything in a rural area, unless it is already popular place that's growing in which case, you'll have the comps to support that idea.

The new buyer will be indemnified in the event of a covered claim, but the flipper, who never actually had title insurance (only a binder that became void when the buyer's policy was issued) will not be indemnified by the title company.One of the important features of a title policy is being provided the costs of defense when a claim arises.

My business partner is at the property occasionally, so he can also hand the letter to the tenant if the opportunity arises.

They almost always have the parents co-sign so they have someone to collect from if issues do arise.

I currently have an LLC in which I place my investment properties, but how many is the "smart" limit for one LLC in terms of protecting yourself should a problem arise (being sued due to a fall for example).