You need to ensure that there is still this profit potential left by the time they take their cut of the deal.For the the most part, I don't trust many of these "turn-key rental" companies, but if you can find one with a good track record -- and if you are knowledgeable enough to vet the deal yourself -- it's possible that these returns are accurate.

The seller may well have had an incompetent agent or short sale negotiator, who wasn't keeping track of the foreclosure time line properly, or didn't get the appropriate paperwork to the bank.Just because the agent drops the listing price, this doesn't mean the bank will accept that price.

If you assign the contract, your buyer takes on this risk.I would never accept a deal where there is no requirement for clear title, unless I had already done a title search myself and ensured that any liens were factored into my analysis.

We serve predominantly first-time homebuyers, and for that market segment, the key to a quick sale is ensuring that everything is brand new.That said, it doesn't matter if it's low-end new or high-end new, as long as it's new.

I believe charging a small upfront fee ensures the borrower is serious, covers the real costs in case the borrower decides to go a different direction (loan from friends & family etc.).

If you take the latter reasoning and set up a new company for long-term holdings I think it would be very easy to signal to the IRS what your intent is by taking title at the outset in the proper entity.

Either way ensure you cancel your contract properly if needed.

Did it complete properly?

Is this not the proper way to look at this type of investment?

Advertising credit repair, check the requirements of being registered to do so.Maybe if they said, an opportunity to improve credit issues would be more appopriate.......Yes, I am a stickler for proper phrases, it indicates others know, that they are in compliance, that they have knowledge of the subject.....divides those who know and those who just try