You will pay transfer taxes based off of the properties calculated assessed value, and if the property is in Philly city limits as your post location suggests, you're looking at a payment of 4.278% of that value being paid at close.

., I think the post should have been titled "LANDLORDS say the darnest things"!

Rob, thanks for posting and allowing me to learn along the way.

Thanks for posting this case study Mr.

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Keep up the great posts! 

First post! 

Good luck PS remember this post in a year from now :) 

Put out signs and lockboxes for realtors.Cold call for a realtor or investor.Create a handyman or property preservation business.Become a notary, so you can close real estate transactions.Go to work for a courthouse data service, so you're looking at and recording the posted data for them.Work for an apartment complex leasing apartments or doing maintenance.Work for a property manager doing make ready.Do anything and everything in construction.Become a home inspector willing to work weekends.Work as a sales rep or helper for a builder.Probably all these positions could use someone that wants to work nights and weekends.   

Good morning everyone,(My first ever post on BiggerPockets)I've just gotten a property under contract in Irvington NJ, and I'm searching for a title company that will not look at me as a scam artist whenever I ask them for my needs.Any help or suggestions would be greatly appreciative!