Here is some info on that as for"skin in the game".Gift funds are acceptable as 100% down payment for loans <75% LTV/CLTV Gift funds are acceptable for loans >=75% LTV/CLTV; however, the underlying Borrower(s) must contribute at least5% of the transaction (lower of Purchase Price or Appraised Value) from their own fundso Example: A $500,000 purchase price where the LTV/CLTV is going to be 75% or higher would require the borrower to have a $25,000 of their own funds provided ($500,000 x .05% = $25,000)

Additionally, you are likely subject to the TPT tax, transaction privilege tax, or a similarly named license/tax.

If you pay all cash on every transaction but then if you sell the property you sign the deed.

2) Call the City Building or Rental Dept to see if it has a Landlord/Rental License and if there are any outstanding tickets or permits.3) Highly recommend hiring an agent, familiar with rental property transactions, to create a purchase contract.- DM us for one that will do for flat fee.4) Highly recommend having property professionally inspected, including sewer camera.

Let me know if you need help executing this transaction ---Best of luck with your investments!

An NSF Fee was charged as well as additional daily late fees.

I've been listening to almost all the BP podcasts daily; I've read 2 of the PB books including Starting with Strategy. 

It really depends on the value you're able to bring to the transaction.

Have you accounted for all closing costs, permit fees, and other transaction expenses in your budget?

So if you start dealing with people who are transactional focused, they won't value relationships and loyalty and always find someone cheaper and will bail on deals that are good, chasing one that is cheaper and cheaper.