However I heard FHA loans can be nice because of the low down payment.How should you negotiate closing cost to minimize that total closing costs?

We just put the total amount on our OTP, and don't refer to a rent credit.

NNN and also self storage have much higher barriers to entry than SFR properties.You need to decide if you are open to pooling money with other investors who want to be in that asset class but do not have the total funds to go it alone or do you want to save up more money to buy yourself.You really need about 200k liquid or so to get started with quality NNN.

(I actually avoid low priced homes, as they are the ones that cause all the issues...)But, you may want to look at:$93,000$4500 assignment fee$895 rent$2400 total seller concession towards funds to close.

Do your include youre assignment fee in the contract or do u list a total purchase price ?

Here is what I think I'm reading:The Lender's bid amount ($137,040.00) is the minimum opening bid amount.The Deficiency ($29,036.52) is the difference between the minimum opening bid and the total amount owed on the home.The Total Indebtedness ($166,076.52) is the total amount owed on the property.Am I reading this correctly?

If its positive, add it to the total income.

Just wanted to update that our Streamline refi on our FHA mortgage that we turned into a rental 2 years ago went through last week, so 6 weeks total, not too bad considering loan officer said it could take up to 3 months.

Totally an unfair and abuse IMO.

Total.