What did you end up paying fee wise?

@Matt K. yeah I guess rents don’t scale as much percentage wise compared to prices...it’s crazy that I’m getting $3,000 for 3/1s (800 sq ft)  in deep East Oakland.

Kudos for your your wise ambition; taking action, and, asking BP for ideas.My theory is that a well-bought, strong-earner investment should help reduce your DTI! 

Hi everyone. Just getting signed up here and have an immediate question. Has anyone purchased a Habitat for Humanity Home from the original owner? I know they have restrictions for selling or renting it out since the ...

When I'm busy I just disappear for awhile and like wise if time allows " poof " I swing back thru for awhile.

@Steve Picker maybe I'm not venturing out far enough...as all I see bandit sign wise is for new and upcoming properties by developers.

So with the $100,000 that I am receiving I was thinking of putting 50,000 towards my first home to pay it off in 5 years which will give me $1,900 a month clean and take the other 50,000 as a down payment for my second new home not sure if this is a wise move any advice will help, thank you.

RE losses are there to make you hold ground and tread water tax wise and limit your income tax liability *from the RE business*, so you eventually pay capital gains (long term) at sale or even better, 1031 into something else without paying any capital gains then.

What's the bet that you're paying a much higher interest rate on that car loan (for what is essentially a consumable item) than if you'd bought it with proceeds from a HELOC on a property that you (could have) wisely bought first?

In short, there's no one way to do a deal, representation-wise (or lack thereof as I've had occasions where no agents were used - just me and the seller - though I very much recommend having a good RE attorney in those situations).