Need advise on my first deal
I found a great house, well a shell but in a good area friend relative house.
There is some money owned to the NJ Tax and a small mortgage. I have the cash to pay of the loan and the tax. Need a loan for the Rehab.
What is the best way to close this. Will I have to do Title twice ? Should I put the title in my company mane and then get rehab loan, or can I do it ones, Tax certificate will go one sale in two weeks. Do n't want to pay closing cost twice.
Any sagestions ?