I'm not saying that a lender would ordinarily think of checking the title, but if they did that it would be a pretty easy find wouldn't it?

We are looking to create win-win-win situations for folks in the under $100k price band who can not ordinarily get financing to buy their homes.

Then the market went the other direction and he filed for bankruptcy.This is clearly an unconventional strategy, but I think it does a great job of reflecting the optimism in an appreciating market and how people can justify deals that ordinarily wouldn’t make sense by developing specific strategies based on the assumption of market growth.When real estate is this hot, I think that unfortunately, there is a need to stick to fundamentals while you wait for the market adjustment to demolish the bankroll of all of the overzealous investors and speculators out there.

I can also see how the buyer not having as much skin in the game as one ordinarily would could be a turnoff to some sellers.

@Russell Brazil Ordinarily your numbers would be right, but sounded like this was a failed house hack so he should be getting that 250k exemption to bring him very close to zero.

If the freezer and cabinets are missing shelves that would ordinarily be there, then yes I would fix.How else would they open the closet door without a handle?

I don't ordinarily recommend small increases to avoid hurting someone's feelings.

I'm not sure what your budget or employment history looks like, but assuming you're able to qualify for a low down payment loan, you should be able to save on what you would ordinarily spend on rent, even if you're not able to fully cover the mortgage.

Hello @Sawyer ScottSad to say, but ordinarily a post like this draws all the wholesale haters out of the woodwork.

Your depreciation deduction will ordinarily be based on Table A-6 of IRS publication 946, which is basically 27.5 years.