This scneario can seem like a win win for a pre-foreclosure seller you bring arears current (bla bla) close on buying sub to, letting the tenant stay in the house post closing on the hand shake deal they will move out ASAP. 

The rate is generally higher than capital gains and it just eats up a significant chunk of net proceeds if you've been holding for a while.I just shake my head when I see all these newbies proclaiming stuff like, "I just bought 10 units in 10 months" or whatever, particularly if it's in historically flat markets like the midwest. 

Not exactly an earth shaking difference between now and the historical average and I suspect statistically no meaningful difference.Starting in 1996, the homeownership percentage noticeably starts to rise.

Who knows how long it takes to get that last quarter of the way through and really shake things out (or if it's a prolonged plateau)

To discuss all of them is a long conversation and which ones apply and how much depends a lot on the details not only of the property but of the seller's personal financials and the general terms of the negotiation as it shakes out. 

We loved the house, was shaking our heads because it was only a 3 bedroom as we stood outside with our realtor.

I've done stuff like this on a hand shake, saying I'll pay the friend back $25k in a year. 

(Shake my head) - Contractor finished ahead of scheduleTotal invested $117750Cost of Loan $7824All in $125,574ARV $168,000Zero left in the deal with great cashflow after refi (contact me for local refi lender) What made you interested in investing in this type of deal?

(Shake my head) - Contractor finished ahead of scheduleTotal invested $117750Cost of Loan $7824All in $125,574ARV $168,000Zero left in the deal with great cashflow after refi (contact me for local refi lender) What made you interested in investing in this type of deal?

In fact, he said that he works with the business owner on a hand-shake model.