If you have the entity set up first then you stand a chance of having the deal close in the business name (and recorded on the title).Assume that the business will have to be in OH or if you set the business up out of state you will have to register a foreign entity in OH.Lenders in OH who lend locally will expect a local business address and other details.

Here are the details:4/1 SFHAsking Price: $45,000Currently rented with a year lease for $825/month, although with no deposit.Home was remodeled in 2003, but had it's A/C condenser stolen recently when it was vacant.

Paragraph C-59 of the HAR Standard Purchase Contract (formerly the DROA) is an OPTIONAL, yet detailed, provision concerning Termite Inspection and treatments.Your Lender will likely require inspection and treatment (of any live infestation), and IMHO, rightfully so, given the voracious appetite the little buggahs have around here...

Hence a number of deals could be good just because most other buyers are not even going to compete.Frankly many other agents are not that dedicated to chasing the details or will get confused by the legal process.

Any special skills or details that we should know?

If the agent that I usually work with finds something that she thinks might be worthwhile for me (she knows the decorating and staging part, but has a realistic handle on repairs too) will call me while she's driving to the listing appointment.

I know an entire book can be written on each creative tactic I plan on using but I’m just interested in knowing the basics (the contracts that are involved, and what to do with them after they are signed, and under what prime times should I look to use each tactic), I plan on learning the details through the school of hard knocks, that’s through actually getting out there in the field learning and making mistakes.another reason why I just want the basics, is because I don't want that whole "paralysis of analysis" thing to happen to me that happens to most beginning investors, its so easy to get overwhelm in this business that’s why most fail and the ones that are somewhat successful take so long to do so.So if anyone can answer all of my questions or part of them I’ll be so thankful

I have sent you email for details

It will be a percentage of the deal but they have spec'ed all the materials down to a fair detail so little room for unreasonable padding.John Corey

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