Even looking the Rich Dad Academy up online told you there were Advanced Classes.

Appraisals, credit reports, title insurance, attorney's fees, recording fees, (some states transfer taxes), realtor fees for both the buyer and seller, mortgage payoff amounts to clear the lien to the home, homeowners insurance, closing agent fees, and oh yes, if there is anything left over, we brokers like to get paid as well, and the lender we send the loan to has to get their money, and flood certifications, surveyors, etc."1.

Thank you in advance for your replies!

thx in advance,Chris

One of the tenants paid for several months in advance and the check the property managers cut is 10% of the size of the mortgage on the home we used to get the down payment funds.

The counties want their money and they don't want to have to wait and hold a tax lien certificate sale to get their revenues.So by setting the rules where most lien holders are behind tax liens, they force mortgage holders to have a vested interest in the taxes being paid each year.As a former FDIC Liquidation Analyst (back in 1984) I handled loans that the FDIC was stuck with from failed banks.

Thank you in advance...Scott Hinkle.....

He'll only consider selling IF his name and liability come off the mortgage.Thanks in advance :)

Thanks in advance!

I held the deed in my name and used a Land Contract where I dont' have to record anything, I believe.I'd appreciate any direction in this area and thank you in advance.