Your seller should have signed an Owners Affidavit at closing certifying no knowledge of any violations or of anything that could potentially become a lien.

The system was showing signs of age.

At the next lease signing you may want to consider doing things differently.

(Of course that would be contingent upon you becoming an agent at that brokerage and staying there for 6-12 months or something of that nature.)Other good questions to ask them would be what are their commission splits, a breakdown of ALL fees (monthly or annually), what their commission cap is, whether they provide leads for you and if the commission changes if they do, how often they provide training and what the topics of the trainings usually are, do they provide mentoring to help you work through deals, etc.Also, keep in mind that there are fees that the Broker has no control over such as MLS access, ($300/6 mo in PA), Realtor dues if the Broker is a member of the association of Realtors ($600/yr in PA), marketing materials, cost of yard signs, networking associations to network with investors, etc.

This will be the first time I have not had a realtor, title company, and atty involved in a purchase.Here's where I'm at:We've signed purchase agreement ($16k PP no EMD), and are ready to close.

They require that when you close on the house you're going to flip using their funds, they get a deed from you, signing the house over to them.

Hi everyone,

I have a question which I would appreciate some input on. I've been studying real estate for awhile now and am getting close to being ready for my first deal. (House-hack)

The main reason I'm getting in...

Make sure you have the contractor sign a release of all rights to any lien on the property once the job was finished.

I need some help on an off-market deal I got from a bandit sign. 

I would imagine it’s as simple as selecting the right bank account for the portfolio’s respectively properties, right?