I usually tell buyers that every $10,000 borrowed results in monthly PITI (principal, interest, taxes, & insurance) of approximately $70-$80/month.

Title would be in their name and they'd cut the checks on all expenses.

If it is FHA mortgage the down payment and insurance is not what you put in.

Jay, can you send me a link to their profiles.you will have to ask Mindy.. but I just got another PM from him  and it was from account closed.. so not sure how he / she managed that. still trying for that 800.00  which first was for PPI   private payment insurance then turned into application fee  

I know most banks are FDIC insured, but who knows how that whole process would go if it becomes necessary.Therefore, when these guys are saying they have cash ready, do they mean actual physical US dollars, cash in banks (like most Americans), or some other form of asset?

Hey William,   after checking out your report,  if the property is in our area,  the monthly taxes is low or the assessment maybe low and will go up after you purchase,   and I didn't see a line item for insurance either,   you may have trouble getting a 30 year loan on a multifamily,  I'm sure its possible, we are closing on one this week,  20 year @ 5.25%.   

Does this deposit, go directly to us, or does the buyer give it to the title company?

Then the title company discovered there's a judgement on this person and proceed with paying back the judgement, the principal with interest was about $56k.

At the end of the term they exercise their option agreement, execute an agreement of purchase, get approved for a mortgage and take title of the property.Make sure you work with an experienced mortgage broker and lawyer to make sure you do things right for your area. 

Do you know any Investor frIendly title companies in this area or attorneys that handle investor friendly transactions?