I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

For example, I have repeatedly informed him of my very negative experience with ABC Capital Investments (still going on almost one year with no payments to show for it) and yet he continues to promote ABC Capital Investments in Baltimore and Philadelphia despite fully knowing that many people continue to have very bad experiences with them.

I met an investor in a REIA meeting who paid 10k for down-payment on a duplex. 10k wasn't her money.

I've been doing a deep dive looking at cash on cash return for various down payments and expenses on properties with a mortgage.

Threatening me by saying you won't buy another one is like the tenants who comment on all of our eviction videos saying "they evicted that tenant as soon as he missed his rent payment.

I had been with them for 18 years and paid off mortgages, never missed a payment, never had a problem, etc.

Attorney FeeHolding Costs:1.Loan Interest Payment 2.

This cost is going to be the bulk of your monthly payments for mobile homes in parks.

To scale, I plan to build a reliable local team, leverage 25% down payments, and use strategies like HELOCs or cash-out refinancing for future acquisitions.Good luck!

go to lots and lots of meetups.2. talk to those HMLs and find out what their terms are.3. save up enough so that you have a down payment, reserves, and also enough in cash for the hold period.