Is it common to purchase a home with other debt?

Deal closed, higher valuation than purchase price.

🎉I’ve helped clients transition into STR ownership before, and your situation brings up some great questions.

Some rehab loans offer 90% of the purchase price and 100% of the rehab costs.

@Andrae S Wiggins recommend you upgrade your BP membership to Pro to access the BP Calculators to evaluate rental purchases.Play with the numbers to figure out the purchase price that gives you your target ROI.That's the number you'll need to make an offer at, NOT what the seller is asking.Yes, you will get a lot of rejects, but whoever said investing was easy?

I'm interested in purchasing land.

@Joshua ChristensenI agree with you that brokers are not experts in zoning, but this broker should have told his client to go to the zoning department to verify.

Purchase price: $425,000 Cash invested: $5,000 Helped my past client out of a difficult situation.

My agent is saying that we are unable to split the contract that way (or reduce the purchase price), so I'm trying to figure out options.

I purchased the property from the Shelby County Land bank.