I paid the following:Purchase price - $34,000Downpayment - 15% or $5,100Origination Cost (A) - $1,382.52Services Borrower Did Not Shop For (B) - $546.26Services Borrower Did Shop For (C) - $768Taxes & Other Governmental Fees (E) - $115total- $7,911.78Is there any way for me to get into residential multi family or commercial multifamily for 15% or 20% down and keep closing costs to a minimum which I think I have done a pretty good job at this far ?

If they aren't using E-sign documents then that kind of stinks, but if you're talking about the final deed and everything then that's also up to the closing attorneys to mail those documents to them for closing.

@Ruth Bayang Did you end up e recording any docs with the deeds.com?

General answer is need to show 2 years Fed tax return Schedule E.

Welcome to Bigger Pockets, @Antonie E Fields!

Follow this six-step procedure to account for the property’s rental income and all the expenses.Step 1: Report 100% of rental income on Schedule E of Form 1040.Step 2: Deduct 100% of any direct rental expenses (such as rental agency fees and advertising) on Schedule E.Step 3: Allocate mortgage interest and property taxes between rental and personal use.

I am trying to make sound investments and now I am looking at upscale neighborhood in Seattle :)  I shouldn't be looking at this.https://www.zillow.com/homedetails/1851-Mcgilvra-Blvd-E-Seattle-WA-98112/48937134_zpid/I should be looking at thishttps://www.zillow.com/homedetails/3362-N-47th-St-Milwaukee-WI-53216/40439567_zpid/

If you can make some kind of connection with the seller, whether over sports or a current event, you may be the welcome relief he or she needed to distract from the circumstances of the pending sale.Be RealisticHomeowners need a very clear understanding of what to expect next.

HiWhile reviewing a deal to purchase a performing contract for deed in AZ, I have ordered an O&E report and learned there is a 5K lien that should have been wiped out when the property went through foreclosure (DUI charge on the previous borrower, under previous lender).The loan I am about to purchase is in 1st position, and the LTV is <40% so I don't see FC happening here. 

@Lynnette E.