If they get hurt on your job, you better have a workers comp. policy in place and you might have to have licenses such as a general contractors license as well as the insurance and bonds that go along with that?

I don't know Weehawken rent control policies, but if you're buying vacant and plan to rehab the units, you may be able to apply for an increase on the registered rents (or perhaps withdraw entirely) if you can prove significant capital investment.

Zero down VA loan 4.5%.

No large round PFA offers with a lot of zeros.  

They will open escrow, do a title search, lien search, issue a title insurance policy, calculate pro-rations, order payoffs, prepare a settlement statement, record the deed, etc. as part of the closing process.I AM ONLY EXPLAINING THE PROCESS HERE...THE FOLLOWING IS NOT TO BE CONSTRUED AS LEGAL ADVICE, WHICH I AM NOT QUALIFIED OR LICENSED TO GIVE - CONSULT AN ATTORNEY FOR THAT.But, yes, assuming your contract calls for clear title (a good example is the Florida Realtors Vacant Land Contract, paragraph 7), then yes - you could conceivably make an offer using similar terms, and once you and the seller have agreed to terms and signed the contract, you could take the contract to the title company and they would work their magic.The title company would let you and the seller know what they uncover during the title search, lien search etc., and the onus would then be on the seller to settle any outstanding liens at closing (assuming they are less than the purchase price, they could come out of the seller's proceeds on the settlement statement and be paid by the title company).

As Jay notes, these can be 100% funding to established buyers, closing within a few days of the first phone call, non-punitive underwriting rules, zero junk fees (which borrowers absolutely hate), and the various accommodations that a personal relationship can offer if a deal takes longer to complete or has any issues.Don't minimize the relationship.

Increasing your insurance and buying an umbrella policy is probably a better, cheaper, more effective way to go if you just own one property.    

These initiatives are far away, any rebates or incentives will be long in the future.However, I hope, and think that it is most likely that this plan will be scrapped when the liberals get voted out.I actually liked McGuinty, but him and his entire party have really bad hydro policies.

Hi all.I figure it's time to introduce myself, having lurked, watched several webinars and taken in 12 hours of BP Podcasts over the past month or so.Anyway, my name is Craig, I live near Manchester, England, and I have absolutely ZERO experience in Real Estate.However, having seen my uncle and his 2 sons do really well in RE, and having nothing in the way of a retirement plan/fund (and being 44), I figure it's time to get off my butt and come up with a plan.Having looked around, RE seems like the way to go but, like a lot of people, pretty much everything I have is tied up my home and , as we only moved to this property 2 years ago, we don't have a massive amount of equity in it yet.Therefore, I need to find out how much of what i am reading/hearing on BP actually applies to UK Real Estate for a start (obviously, things like the MLS don't exist here - at least not to my knowledge) and how I can start doing something in the next 1-2 years.I could go to my cousins for advice, but we've never been a particularly close family and I don't want to just turn up and start asking for handouts (any advice they give could potentially impact their own business, as they buy-to-rent in an area less than 10 miles from me).I would prefer to get in to buy-to-rent (or buy-and-hold as I believe it's called over there), as I have a full-time IT job, that I am not looking to give up any time soon.Also, if any other UK-based members have advice on the best way to deal with the banks, any specific rules/pitfalls over here, whether the auction is the only place to buy smaller, cheap properties that need rehab (every man and his dog seems to go there, though, thanks to programmes like Homes Under the Hammer).Anyway. 

It would be my recommendation to pursue an attorney to help you with any plans you may want to pursue; whether that is an insurance policy or a business entity.