If a buyer is coming down with a high-down payment and quickly making a large deposit into escrow fighting tooth and nail about proof of funds may be a red herring.Credibility is also a factor here.

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

One of the major factors in why people can't find a peer group or a mentor or others to learn from is because they ask for a lot and give nothing.

That was kind of my thoughts is I got quoted for 8.9% on a HELOC but running the numbers on a long-term rental just doesn’t make sense. buy more doors and let rent and debt pay down and equity do its staying overtime but there’s also a lot of pucker factor if everything doesn’t go according to plan. 

Of course, you have to factor closing and holding costs which were considerable on this timeline.Everything was sheet rocked.

That being said, when it comes to housing prices nationally and locally, there are many factors besides inflation to consider besides just property values.

Tell him there is a termination fee, but you'll waive it if he shows a copy of the death certificate.That's what I would normally do, but it depends on how long he's been a tenant, how good he was, and other factors.

Make sure to have thorough inspections done and factor in extra reserves just in case.

@Matthew Lamoreaux I think if you can find a rental, long-term or short-term, that cash flows well in today's market then this should be a factor that should be viewed as icing on the cake and should be used as a potential solidifier of a deal.

It also sounds like this is a newer venture for you so unless you have a key partner with experience banks will also factor that into their loans.