There is no required amount per se, but realtors like to perpetuate an old wife’s tale that claims that a minimum amount is required.

There was one paragraph towards the beginning that mentioned they'll have saved up $9800 after just one year, it seems to me that they're claiming all of $9800 gets subtracted from the purchase price.

A lot of people claim to be one but are not.I have never "found" a birddog but they have found me (the real ones and the posers).Get out there - get signs up - ads rolling and they will find you.Just as you did here :) Nice job!

Or was he looking for a insurance claim LOL

The title connection allegedly claim the escrow funds were released to Harbour Funding group which was allegedly recommended by a colleague of Mr Silver's, Jeff Pettracco - it is not clear if either have any direct links with Harbor Funding, it is however clear that the lawyer who is available to take up a class action on behalf of clients, (at cost up front of $2k plus 25% of any funds recovered) that a Mr Lang is likely to be a defendant in any action brought.

Say now the balance is $85 and you purchase for $65k with the property quit claimed to you and the borrower/buyer now continuing to make payments to you.

However I have understood that technically it is not possible to get "good" conventional financing when purchasing as an LLC and could also run into issues by diong a quit claim deed on my current property to move to LLC.How have others handled this?

You claim that you don't have these real world expenses, but the truth is that you just haven't experienced them yet.

They also claim to send you pre-foreclosures, what a joke!

If I did this, then I should have filed a Sched E for 2006 even though the property wasn't ready to rent (which I didn't)Also, insurance, for example was paid in 06, so how can I claim it on the 07 Schedule E -- seems like I should be able to claim everything I spent on insurance since the property was never anything other than a rental.Arrrg, I don't mind paying taxes nearly so much as I hate figuring them out!