That product looks end-of-life since they are not taking customers.

Who pays the premium is usually by local custom, usuallt one pays for the search the other pays for title coverage.Taxes are pro-rated to the day of closing, you pay yours and they pat thiers, how taxes are collected depends on when you close, like December or in April for example as tax liability can be compensated by credits to the transaction, assumptions of escrows or paid at settlement, which goes to local custom.

Holding a property is not free... you have to pay insurance, taxes, debt servicing (if financed), utilities, etc.

Your apartment/house has to pass an inspection and I'm pretty sure utilities have to be included in the rent.

Nothing will kill your short term business like bad reviews and some of your best customers are your repeat customers.- Invest in good photos.- Have a good contract but make it easy to read.

So total monthly payment, including utilities for one unit is 2,410.This deal sucks in my opinion but the assumable loan makes this slightly more attractive.

Hi all,This is going out to all real estate investors who have utilized Hard Money in their deals.In what way can the hard money industry be improved?

Are the utilities separated and separately metered?

They want the mortgage statement to go to the house and they want to see utilities established in your name for the property.

Has anyone had any experience purchasing a bank owned property where the bank will not cooperate with turning on utilities?