Transfers using quitclaim deeds are often listed as nominal value in an attempt to avoid taxes, but if the authority chose to, they could likely follow up on such transfers and impose taxes and statutory penalties.

I'm also not sure how steeply your market is dropping but a fast rehab and sell for 290K or so Vs. the nominal 10K wholesale fee(not sure what you want out of the deal).

Not sure in your state but possible a title co could prepare for a nominal fee.If you don't have something else then it would have to be a loan on the property you are buying.

Also, it's a Fannie Mae property and there was mention of closing cost incentives.Had I known of the error I wouldn't have already hired out for the nominal things and saved my money for the things that I HAVE to hire out for.I'm the kind of guy that pays his debts, but the title company AND the realtor were hired by me to do a job because I'm too naive in those areas (the same reason anyone hires any professional).

After taxes (remember taxes are based on nominal gains not real returns) you typically lose purchasing power/wealthShort term speculators may rush into any asset thinking they know the future and the efficient market hypothesis is wrong.

Tenants that have been around that long likely won't move for a nominal amount ($25-35), and it might cost you a lot more than you think to update and re-rent at a higher price point.You could also approach the other quad owners to see they'd agree to apportion water costs to the tenants.

Rounding that payment up some nominal amount each month also will shave another few years off.

Because we already have one investment property together and are planning a second, we would be charging a nominal finder fee and providing the management of this new deal.

Trash is nominal so I usually do not count that but gas, electric, water, etc.

Hello all,I've run numbers on what I think are fairly conservative possibilities regarding a property and the question comes down to this.My CCR is almost 1.5% higher even after taking into account monthly PMI costs if I go with an 85% LTV vs an 80% conforming one.The obvious tradeoff is lower nominal cashflows esp because of a higher P&I cost, and lower equity, with more 'dead' cashflow going to PMI.