I think the best play is to pass down the expenses to the tenant to reduce the expenses which are ridiculous.That being said you are probably right about raising rents simultaneously as being excessive.

:So what exactly is a reverse closeIn this context, it's the same as a "simultaneous close," which is when you use your end-buyer's funds to close your transaction with the original seller.Not many title companies will do these anymore...if any...

So you simultaneously have a shortage of housing (for most people) and a glut (for a small portion of the market), with rents flat or declining and concessions appearing.In smaller markets, like the ones where you and I are active, the same dynamic has been at play, although the construction probably has not been as active.  

., simultaneous)

In most cases, you're better off doing separate loans and closing them simultaneously with the same lender.There is one more key item to add to your checklist.

There has been a recent reassessment of the inherited property that has dropped it in value by 30%, simultaneously doubling the tax rate per 100.

How difficult would it be to do a simultaneous closing on 30 different properties to sell and roll that money into a 1031 exchange.

I like Jon´s statement with a lower lease at first year or may be first six month but simultaneous a rent contract with min two year term.

I realize this is an old thread, but does anyone in the Upstate area have a recommendation for a closing attorney who is familiar with simultaneous closings and has worked with wholesalers?

I am specifically looking for them to help with wholesale deals - assignments, double closing and simultaneous closes.