There is a lot of risk is no one makes the payments.................foreclosurelitigation happy sellers (rightfully so) will quickly 'invite the court' into the situation.once you've wholesaled the deal to a new buyer your out of the deal.giving money to the seller at closing is ok and very common IF the seller has equity.

Thats a very common question here, Tell us what you like to achieve and we can help point you in the direction.

Where I live they are really common, and can be a real pain.

I am contemplating putting an offer in , contingent upon the Buyer's agent commission being rebated back to the Owner, then this money will be used to pay closing cost.I am thinking this is somewhat common for experienced investors, but I am just guessing .So , my question is, can I get the Buyers commission rebated back to the owner, then this money is used for closing cost ?

Building department.Is this sort of conversion common in the area?

As far as it sounding too good to be true, one catch is that you must be self-employed or have a business with no full-time non-owner employees to be eligible for the plan.Once eligibility is established, you'll submit an application to a plan provider to get your Solo 401k documents created.

Rubs would be a good option if it is common in your market, talk to local Property managers and see how they handle it.

You need to realize that it's far more common to get your money back out (or a portion of) than it is to get a deal w/ no money down.....While nothing down can happen, its RARE and isn't realistic if you want to be an active investor.

I get that there might not be any way to really 'know' when I'm ready, but the more I read/listen/learn, there does seem to be a pattern of fairly common problems people run across, or steps that they have to take.My current goal is to try to buy my first rental property before my next birthday in May.

And in section F-908.7.5 it stated that owner of the building (landlord) shall post a notice in common area and inform tenants about CO alarms and provide with manufacturer instructions.