Under the best of circumstances, it amounts to getting the check out of the mail and depositing it at the bank.

It includes all the basics like how to advertise, screening tenants, Fair Housing law, security deposits, rent disputes, dealing with tenants, etc.

- When I said 'wholesale buyers shy away from the mls', I meant that when the End Buyer is contacted by the Wholesaler, and they do their due diligence, it is a major turn off if it is under deposit on the MLS.

They relied on your contract and moved their furniture into storage, loss of earnest money, deposits and inspections as well as loan costs, absolutely Mr.

Payments like security deposits may be part of the estate.

Especially since the buyer gave me cash deposit towards my assignment fee.

I will be sure to get that in next week, Here is the info from the HUD-1: HOA Partial May 100.39 Title Insurance 252.00 Escrow Fee 150.00 Messenger Fee 20.00 Texas GARF Fee 1.80 eRecording Fee 3.00 Govt Recording Fee 24.00 Two Months Advance HOA 380 HOA Transfer Fee 165.00 HOA Electricity Deposit 100.00 This is nearly 10% of the purchase price of $12,000

My intention is to get this deal via assignment, with a $50 earnest money deposit to her (which I hadn't yet worked out as to how I could give her the EMD since she is out of the country...but I was thinking PayPal ).

I would really like to get the triplex and 2 houses, lol.I estimate both rental properties ( the one I have and the deal I'm about to close will leave me with $1,000 after both mortgage payments plus $800 from the deposit) I'm still learning..

This is my first assignment deal, when we are all set to close the deal, the sellers attorney has an issue with the words AND OR ASSIGNS in the purchase contract and would like to speak with my attorney as she thinks there could be tax ramifications.I am in New Jersey.Now the attorney I have hired is only to collect the deposit monies from my end buyer for assignment.