Based on what I have experienced investing here locally I normally advice people keeping the house as a rental if possible!

depends when you sell. talk to a 1031 expert. what matters is intent. if you bought it to sell for profit then yes you'll pay your normal tax rate. if it is for investment and you can prove that you can 1031 exchange

Thank you very much for sharing all information is very useful. this case for my lack of experience does not help and I want to ride in this car ...Grateful to have good day ..

It's normally free.

Is this behavior normal?

That is, we are lending you the unpaid money at our normal rate, which is currently 11%.

I walk into the house with my binder of all my needed contracts and if we come to an agreement I fill out the contract right then and there. your the man  I love it.. when I started I did my deals on the hood of the car and my contracts were on NCR paper so I just ripped them off their copy :)  my contract was also just one page and included escrow instructions..

Duplex 3/2 2 Car with EV chargersBuild 2  PITI $2675   Rents $3700.  

Like a Wednesday afternoon normally would not work for me as an example.

Mainly because I can craft the mortgage a little more (no pre-payment penalties, lower down payment, etc.) and eliminate the fees charged by lenders and brokers.One of the benefits of purchasing a listed property is that the broker will normally set the seller's expectations a bit more than you just contacting them off the street.It comes down to what the seller really wants: a certain price, interest, down payment, or term.