Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.

Account for all costs, including closing fees, holding costs, and repairs.

If you’re planning to hold this property as a rental after the rehab, make sure you’ve crunched the numbers on a realistic timeline.

I am a buy and hold Investor in this area, for sure!

Commercial deals are going to look at your qualifications as an investor as well as the DSCR value of the property supporting itself (at least here in the USA).For construction, you will need to look into licensing requirements such as a GC license.

They tell you at the Thursday meeting that its $500 to hold you a seat and $900 for VIP for the 3 days course. and they tell you thats all you have to pay when its not.

That's about it as far as support.

We decided to quit buying rentals to hold, and instead, the units that we typically would rehab and hold, we are going to rehab and sell.

Investment Info:Condo buy & hold investment.First primary residence (2 bed/ 2 bath condo) located into a desirable part of Southern California.

Investment Info:Single-family residence buy & hold investment.