In the real world, the new buyer may not pay the taxes and insurance.

I realize that it is for my benefit, but can I not accomplish the same thing that a title company does, other then offer title insurance by conducting my own investigation into the former owners of the note?

Is $5000 too much to ask for an assignment fee for a duplex if my:ARV $81,000Repairs $20,000Purchase Price $13,500 Closing Cost $8,100Estimated Profit $39,400 or Estimated Monthly Rent $1100-$1500Now this doesn't include any holding costs such as mortgage pymts, taxes, insurance, and utilities.

- Were you required to have cash reserves in excess of 2 months (did the loan program require the equivalent of 2 months PITI [principal + interest + taxes + insurance] to be available and in your bank account)?

I currently cash flow $400 after mortgage, taxes and insurance.

There are 2 problems with paying retail and getting excellent terms. 1) You don't have any equity which is the wealth you are trying to build.2) More importantly, that equity is your insurance that you can get out of the deal if you need to.

Using a lawyer is one way to help improve the odds as you now have the lawyer liability insurance on the line.Pick up William Bronchick's Wealth Protection book ~$14.00 on Amazon).

Are there any weird things to know about property taxes, insurance or how to take title in Oregon?

In a triple net lease, the tenant pays taxes, insurance, and maintenance.

State mortgage tax rates, title bill/searches, title insurance, recording and notary fees,etc.