Our auctions require cash or cashier checks in hand there is not settlement, but that may be different in Maryland.To learn your local rules I recommend 3 things.1) attend a few auctions to see how it works, talk to the regulars you find there2) Find a good foreclosure attorney and pay them for an hour to get them to explain how it works, Hint, they are all listed in the public notices 3) Google the Maryland foreclosure laws and read up on themGood luck!

I have in her lease that she is responsible for painting; however, I don't know nj rules.

Hi @Jeff Kennedy the only concern with allowing the tenant to provide you the credit report themselves is that they could easily create a fake report.  

Hello,If I plan to put no more than 2 properties under an LLC, do I need to create a separate bank account and/or email account for each LLC entity?

Here is the rundown:http://www.homebuyinginstitute.com/news/hud-issues-fha-flipping-rules-626/

You could also create an LLC, get the property under contract with that LLC, and then transfer the LLC to your buyer.

Also, when I was making offers, it was just over a week before the government changed their lending rules so I either had to purchase a place or wait and save up even more of a down payment otherwise I would have been priced out of the market.  

Create an LLC or some kind of legal entity where I can pool together funds from friends and family to make investment purchases.  

You'll likely have to create/modify a standard buyer commission agreement.

Hi, my name is Antonius and I'm looking to build and create wealth to become financially free.