You just need to be honest and able to tell what is and isnt a good deal.The most "bookish" one I have is "commercial mortgages 101" and it just sharpened out stuff i'd already picked up from the internet and allows me to have a proper reference for presenting a deal to a bank.

Remember the seller is depending on you to solve their problem - they also have rights - a right to sue you for misrepresentation, a right to report you to the state for acting as a real estate agent without a licence - you don't want the real estate commission investigating your activities - Think carefully on how you intend to find an assignee ----Will you listed it - put the property on the internet - stick a sign in front of the property - make flyers and distribute them in the neighborhood - have open houses - run ads in the newspaper - go to your buyers list - ??

I read this from a random CPA on the internet.  

I can tell you from personal experience that it's a headache trying to get a tenant to pay for another tenants utilities.In Alaska, the rules say that the landlord does not have to pay for trash unless it's 3 or more units... but if you have tenants that won't take care of their trash, that's something you might want to pay for... just so the place looks better.Of course, internet and TV is the tenants responsibility.  

@Jennifer BrewerIsland View Mortgage (IslandViewMortgage.com) offers non-recourse IRA rehab loans.Note:  Not affiliated with or recommending their services.

Do all FHA loan affiliated banks have same rate of closing costs (just ones related with loan)? 

., you should be able to use the standard forms (which you can find on the Internet with a little searching) or get an attorney to draft one for you.If you are looking to wholesale, there are other forms wholesalers prefer to use.

I am a Internet Marketer as well. 

There are times when a seller is trying to avoid commissions, agents and other cost - and that's OK if seller is for real.The seal bid methods have certain rules to success -expose the property as much as possible - signage - newspapers- internet -Have contract and terms at the ready for those interested to review them befroe bidding.Comps and pictures on a tri-fold stand should be present for all interested parties to view.Hold several open houses - lots of advertising.Agree to cooperate with real estate agents - they often will inform their clients to bid.Check the terms - as is, all cash, will take financing contingencies - seller agrees to -(help with settlement costs, leave the car and the furniture, contribute $5,000 to buyer, guarantee  appliances and furnace and roof for X years ----etc) We call this Contract Candy.Don't be shy - ask seler to contribute something if you are the high bidder - ask before bidding.Observe your competition if you canTalk to neighbors - there are times when the neighbor will tell you all about the house and problems the seller has had in the past.Have friends and paid agents assist you and look at the house and to listen for clues of motivation.Get all the information about everything you can....Why do you think the real reason the seller wants out - has he done this before or is just a creative seller?

You are at the best REI networking portal on the internet.