I have seen the property and there does not seem to be any large repairs at first site.

Welcome to the site Jeffrey.When looking at the Cleveland market I see a ton of investors get totally shocked by the bottom dollar prices you can find in some of the rougher neighborhoods of Cleveland.

I see they do purchases & refinances on their site.

We offer a van for use as well, but most owners see about 60%.Our returns are helped by an on-site 2nd unit which we rent full time to caretaker /landscaper. 

Account Closed when you say, “you don’t get title” what are the complications associated with that?

This site is choked full of relative real estate content and the best for networking too.

@Elizabeth Zaludek if the property is listed on an auction site or on the MLS then most likely you will get good title when you close on the deal.

I came up with that range of percentages based on what an actual loan would be (conventional all the way to hard money).I am trying to keep it SIMPLE, avoiding complicated calculations, loans, etc. 

I'm Bruce Gardner, brand new to the site, and brand new RE investor. 

Any time there is a potential conflict between Federal Law and Pennsylvania Law, things get complicated very fast.