The reality is these nominal cap rates we've seen in real estate for the last 6-8 years are gone.

Thanks again'Sincerely, Ryan Stack a gift of equity on top of a seller credit for closing costs, make the nominal contract purchase price the top end of what it'll appraise for.

@Kj Rustom You are hereby nominated as our representative to respond to the ad, find out what the “ secret” is. 

Keeping them you said pays nominal return but your paying down the equity so you should then have a better shot of selling them.

I don't think it's worth a nominal amount to turn away a good applicant, but you are certainly not obligated either way.   

Both of those charge a nominal fee for the transactions.  

Maybe $6-8K profit.That assumes costs of around 2% of the purchase price to buy, a hard money loan of 70% of ARV with interest plus points on that of about 10%, nominal holding costs, and about 8-10% in sales costs and concessions.

I think that most, if not all, nominal limits need to be adjusted for inflation to be fair.

Most utility departments will do a temp 5 or 7 day turn on for inspection of a vacant for a nominal fee.

.* Do you transfer over for full amount or nominal fee such as $1 If I transfer it over for a $1, when I goto sell, is my cost basis $1Sorry for the many questions..Am new and feel comfortable with the property thanks to all the posts here but now having a hard time figuring how to structure this.