All he wants is enough to pay off the mortgage and for the buyer to cover closing costs.  

I gave option to pay last month rent in 2 payments 10/1/16 and 11/1/16.

The lease payments are paying on the mortgage, the sellers have their money to pay the $10k plus $10k to go RVing.I could get that deal done in no time.  

I'm working on a deal analysis for an REO property & was wondering the odds of the bank paying for closing costs, assuming they accept the offer?

Question, do i buy one and put most of my money as downpayment to quickly pay it off and move on to the next?

Should just pay for title searches?

Hello I was wondering that if I rent my first home out do I pay taxes on my income from rent ??

I've been in the Air Force for the past 10 years and I'm hoping to use this as a means to becoming financially independent by the time I retire in another ten years so that I can focus on what makes me happy rather than what pays the bills.I am currently living in the Richmond, VA area, where I own a home that I will be renting out in another year or so when I leave here.If anyone has any advice, I am all ears and I look forward to participating in these forums!

The same is true if you pay less.

You would be paying retail price for it.