Based on the numbers and assuming I accept the purchase price without any negotiation and using the current property taxes and Insurance numbers:- Cash on Cash: 9.5%- Ann.

We updated the plumbing and electrical, gutted the kitchen and bathroom, refinished the amazing oak floors, added new hardware and lighting, and painted inside and out.The finished product turned out great, and after 2 days on the market, we accepted an offer $9,000 over asking price.

Another issue to consider is if courts will accept a Spanish language document (without going through a legal translation process) if you have to go to court. 

We have been preapproved through Chase bank and just recently had an offer we submitted on a house accepted. 

The seller informed the agent they were likely going to accept BUT they wanted us to waive the inspection.

Make offers, and get one accepted.5.

Once you've negotiated an acceptable offer to the seller, schedule a home inspection.

The sellers know this so they tend to accept all cash deals first.

Venmo was very simple but the local bank stopped accepting it.

@Matthew Clark, when an offer is accepted, the listing is set to Pending, to give time for buyer to close and secure the funding to purchase.