We offer a van for use as well, but most owners see about 60%.Our returns are helped by an on-site 2nd unit which we rent full time to caretaker /landscaper. 

The emotional value she has knowing that we own a rental property free and clear (cash flowing $1000/month) with no debt owed to anyone (aside from county taxes) trumps leveraging that asset to acquire additional properties.Thankfully, the cashflow from that asset and our other properties will enable us to save the 20% down payment on another SFH by the end of the year when the local market cools down a bit.

@Nerton Saintfort  It can't be standard you have  to contact your lender or generally you can go in that website can get their requirement.

This site is choked full of relative real estate content and the best for networking too.

@Elizabeth Zaludek if the property is listed on an auction site or on the MLS then most likely you will get good title when you close on the deal.

I'm Bruce Gardner, brand new to the site, and brand new RE investor. 

I hope they were worthwhile.I know it's too late now but going forward have you considered simply using this here FREE BP website and it's podcasts rather than spending thousands on classes? 

Most people who are new to this website don't post over 50 times in a day without any introduction such as "I'm new here" etc.

Some counties charge you more money than others on transfer fees or additional expenses you might not be taking into account. 3) Just remember that there is a reserve price in most REOs in auction websites.

I'm on the website, but I'm not being asked for payment and it won't let me submit the request to sign up for a membership.