@Jason Gass Once I figured out that the property was listed on the MLS, I made sure to find out whether the seller was signed with the exclusive right to sell or exclusive agency listing, which in that case, would not be unethical.

If you don't have an agent, look for an independent insurance agency in your area.

Payments on time, credit utilization rate at 31% (could be better), nothing has gone to a debt collection agency, etc..

Also everywhere I read it just says to take said contracts to title agency... what's the cost associated with that and how would I initiate? 

I am considering a househack in the North Broadway neighborhood of Newark, NJ.Comps range from $295k - $325k (from dual agent that I showed me the property).The property is a legal 3 family with a bonus unit:Unit 1 - 2br/1ba = $900 (occuppied)Unit 2 - 3br/1ba = $1200 (vacant)Unit 3 - 3br/1ba = $1200 (vacant)Bonus Unit - 1br/1ba = Owner OccupiedWould you do the deal base on the following numbers...Feedback would be appreciated.Annual Gross Income - $39,600Annual Total Expenses - $19,728Vacancy - 5%: $1980Tax: $5777Ins: $1500Maint - 5%: $1980Repair - 5%: $1980Property Mgmt - 10% - $3960Utilities paid by owner: $2544Electricity (common areas): $264Water/Sewer: $1800Lawn/Snow: $480Annual NOI: $19,872Purchase Price: $295000- 3.5% Down: $10,325+ 5% Seller Concession: $14,750Total Loan Amount: $299,425Annual Debt Service: $19,416Principal/Interest - $1416Mortgage Ins (FHA) - $212= $1618/month ReturnsNOI - Debt service = $456 Annual Cashflow- $792 (2% of Annual Gross for Cap Ex Reserve)= $ -336/yrThanks!

For Maryland it is a dual purpose document a disclosure and disclaimer statement.  

I would try and utilize a listing agent or agency that is in my 'network'.  

I am an agent and while I can do dual agent, I usually will not.  

Used to own collection agencies so this makes sense to me.

She had almost 30K saved towards house but is investing it differently for now.Daughter # 2 is buying a home assessed at 140K for 92K and using a WHEDA Loan (state housing agency) that requires $0 down for first time home buyers.