Both options are Credit Unions - no points, no origination fee1.

His unit got more attention and inquiries, but funny enough, the renter he ended up signing had found his original free listing weeks earlier and only called back because the timing was right.

The formula for your taxable amount is the difference between your net sale (contract price minus closing costs) and your adjusted cost basis (original purchase price plus capital improvements minus depreciation). 

They were all making money on this transaction, and likely not being transparent with the original owner. 

That means you make 2k in origination and then 11k/12 = $916/month.Let's say they hold it for 5 months = $4,580 + $2,000 origination = $6,580 return on 100k so about a 6.58% return and your risk for that return is 100k, cause the deal you back can go sideways.There's a much safer way to make a better return. 

This ensures you can access these docs from anywhere and if they originals get destroyed you have the digital copies.

I've been in the hard/private money space working as an originator for coming up on 6 years now. 

These homes were built 50 years earlier and originally sold for $10,000.  

It will save you a lot of valuable time so you can concentrate on growing your investment portfolio instead of crunching numbers.This post originally appeared on the BiggerPockets blog.

I have been utilizing Facebook MTR groups in my market as well and have come up flat.Like I originally stated in my post I am currently breaking even simply with my in season short term rentals, which has been covering my annual expenses.