I’ve read everywhere that you must file if the property is owned by a company, or if it is a rental.What about a flip as an individual?

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Can anyone tell me about the Affidavit of something that also has to be filed, and also once I have the signed contract can anyone give me a referral on a title company that does double closings in the Atlanta area....Hopefully this will be my first wholesale deal....I'm tired of sitting in the cheap seats....I MUST get in the game. 

I am thinking the easiest way would be promissory note, but I was curious if there was any way that I could secure their respective liens on the property.

Originally posted by @Michael Lewis:Your math is wrong the 60k profit a year on a 500k investment is 12% But you don't see that equity until you sell the place, so you would also have to include the opportunity cost of tying up $500k in cash.The only way you could see that down payment back in cash is to take part of it out as a loan secured by the property.

Because they don't actually send out a physical green card anymore,  it's all a matter of re-inspection and a PDF file being emailed, mailed or faxed.  

Hi @Andrew Pappas,I would recommend securing the property using other financial means, removing him entirely.

Secure a title commitment asap.

You say he cleaned it well enough to receive a portion of his security deposit back?

If you purchase a home that was previously a rental, they will have a file on it, and everything should be up to date with minimal repairs needed.