Account Closed im sure you can upload the information and have the service just mail it out for you man.

Save up an emergency fund (3-6 months of liquid cash, how much will vary based on who you ask/read), then put everything that is left into an account to save for a downpayment, closing costs (although asking the seller for closing cost assist is also a great plan), and some reserves for whatever "little" issues come up with the house.Then come back to it in a year and you will be in a much "safer" position.Best of luck.

Do you have an attorney, a banker, an accountant and a realtor who understands investors?

Do you have an attorney, a banker, an accountant and a realtor who understands investors?

I am not sure if HML can actually do real cash, usually it is wired day of closing to an account and title disburses it.

@Pat Jackson After meeting with a lawyer together, you should also consult with an accountant.

Account ClosedWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

I am debating if I need to hire an attorney to get this done or an accountant (since they probably know the tax side of the business).

Jeremiah, here's my advice in a five-year plan so A) is patience:Year 1) start a single-member home-business LLC for FREE using bank bonusesYear 1-2) build a 720-800 FICO for FREEYear 1-3) season the LLC for FREE and target a 80 PAYDEXYear 1-4) save some cash by cutting back for a few yearsYear 4) study 10,000 properties for FREE and build a teamYear 5) target a small starter commercial project (4 units or more)using the LLC PAYDEX and 800 FICO when it's a buyer's marketrelying on good financials for the property more than your job6) rinse and repeat and SKIP RESIDENTIAL!!!

@James Letchford I agree with Account Closed there's no benefit to you offering a rent to own to someone who can barely afford your normal rental rates.Rent to own is perfect for someone who:1.