The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

Hi Evan from Sayville, NY-You asked about whether a lender would pay real estate commissions and closing costs with a short sale.I negotiated a lot of short sales after the Great Financial Crisis.Short sales are similar to dealing with a bank owned property accept the bank is trying to avoid taking it back so the terms, specifically an acceptable purchase price, have to be negotiated.The thing I found that was important to negotiate was the lender agreeing to settle without further recourse for the seller.

There were many challenges that came about after the inspection; from outlets that were not up to code, possible water leaks above the shower head in the ceiling, water pipes from bathroom vanity was the same as kitchen sink with no shutoffs, etc.

Quote from @Bri Hall: I purchased a residential lot that after being surveyed can have two homes placed on it.

My main goal is to successfully house hack and start building long-term wealth through real estate.How I Got Interested in Real Estate InvestingI got interested in real estate after learning about house hacking and seeing how it can be a smart way to build financial freedom.

The owner only wants the builder to build him a new home for "free" and give the land over to be developed after.

I’ll update after I finish the process. 

I'd never touch that price. we underwrite 10% of after built value so in one of our markets in columbus that is 600k new build 40-60k on raw land

My mother originally agreed for me to refi some money out of the equity of a house we co own but then she changed my mind after I signed the contract on the guesthouse.  

.: What is the average conversion rate for cold calling using software like PropStream, specifically targeting probate, foreclosure, or tax delinquency leads?