I ran the numbers and didn't raise my offer over what made sense based on the rents being paid!!!

Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.

I’m fully aware of the nuances around the 70% rule and how to adjust based on ARV, expenses, and market conditions.

I expect you are aware of various mistakes without the need for them to be itemized and will do better next time.  

Yes  welcome and this is a great forum but need to be slightly aware as everyone has own experiences and comments ..

Is that on Pref raised or total (including loan amount)... 20% back to the sponsor on back end also not unusual.

Waited for his property to come up and rather than raising the bid by a thousand, he bumped it up $10k - $30k until it got to $150k.  

Let’s discuss how we can help you create an investment fund or raise capital through an SEC-regulated offering to accelerate your real estate acquisition goals.Definitely id be interested in discussing this, I’ll send you a DM.  

Over the past few years, my wife and I have worked hard to improve our financial health—we’ve raised our credit scores above 800, paid off all debt except for our mortgage and student loans, and saved a fair amount.

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).