Title requirements have changed, settlement procedures have changed, try that old double closing using the other guy's money. 

@Randall Rzeszutko Just settled on a property and did NOT pay anything out of pocket to the lender until settlement. 

They have an option of debt settlement and credit repair.

Michigan may not have the statutory framework that makes them beneficial in other states.The simple thing to do is just get your real estate license and then there's no issue regarding the questionable legality of it.

I plan to get a few other quotes but I have no idea if this is typical.Processing Fees $495.00Underwriting Fees $695.00 Loan Administration $58.00Fee Discount Points $719.20 Appraisal $515.00Title - Wire / Courier Fee $85.00 Settlement Fee $550.00 Lender's Title Insurance $450.00Recording Fees $90.00Realtor/Broker Service Fee $395.00Tax Prorations $1,500.00Total Estimated Closing Costs $5,552.20

All that matters is how you are able to manage the cost within the framework of the investments.There are 2 Golden Rules I follow:Golden Rule #1:  Under no circumstances will I ever "spend" my cash.  

My view is, once the whole over sight framework is blown up, the Wells Fargo account jamming rip offs will start back up, the preditory loans too, robo signing foreclosures, the whole wild west works!!

Been listed for sale at least 3 months.I don't have comps anywhere near me but I found a similar facility for sale in West Virginia with crappy visibility and settlement issues for $4928 per unit--all unrented.

Mike, the CEO of the NREIG personally got involved with tenant and "negotiated" a settlement with the tenant on terms which included free rent, as well as a payment to be made by the landlord which we did not consent to.  

I am giving her another month as she is supposed to have a large settlement coming in ( I confirmed with the insurance company) If it doesnt improve after that, I will likely give it another month and then get her out of there.