There may be instances of gain to recognize if it’s deemed a disguised sale, but for simplicity sake, the assumption is this is just a straight transfer)

They are in violation of copyright law and shouldn't do it.This is straight from the Chicago Association of REALTORS website:A reminder that the Chicago Residential Lease, and all of CAR’s forms and contracts, are an exclusive member benefit for use only by Chicago Association of REALTORS® members or those who are party to a transaction facilitated by a Chicago Association of REALTORS® member.

Hey, thanks for setting me straight.

Yes, just like **every** lender who advertises rates we advertise our rate with discount points so its as low as possible. 

Hey All,I'm new to RE investing and jumping straight into multifamily and apartments.

Yakir - In my experience the appraiser will discount the house if their are obvious areas that need to be fixed/repaired.

The website has some warnings, but the Sheriff is selling the properties, so they aren’t necessarily going to give me the straight dope.Not being able to see the inside is tricky.

We teach to negotiate at least a $20k to $25K discount on every purchase."

There are no mystical sellers that have no idea what they own and will sell it to you for a discount.

Unless you are hiring a mega builder who gets insane discount on labor and material, most of your medium size or small size builders should have access to similar cost labor and material.