It also allows him to get his refinance ready to take you out as part of the refinance so he isn't coming out of pocket for that.For him you are keeping some skin in the game when you initially rent it so that he knows you are placing a quality tenant(even though you would anyway that's what I would tell him).

A seller can refuse to pay the buyer's agent a commission (or can decide to pay a commission that is less than customary); when that happens, the contractual agreement between the buyer and his agent may require that the buyer pay some/all of the commission out-of-pocket.

Most of what I have read on Bigger Pockets have been the best info I have ever heard gotten and worth more than what any "guru" can ever say.

Grace Powell Hey Grace, welcome to Bigger Pockets!

Dan Buck did you know you can go into the Profile in Bigger Pockets and rotate your profile picture?

This way you cash out of pocket is limited on wholesale deals.

Ryan welcome to Bigger Pockets, and welcome to Knoxville as well!

I really enjoy the podcast and the forums are full of good information for a beginner.Thanks Bigger Pockets

Joseph T Welcome to bigger pockets, it's the best place I have come across for learning and networking.

I have been stalking Bigger Pockets for a couple weeks now and finally joined.