Plane, Train, or Automobile and meet in person.

He has a few potential buyers going out to see it soon so I'm hoping someone he can find a buyer for it. 

Hence the buyer is the only one eligible to deduct the interest.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $140,000

Cash invested: $24,000

Sale price: $220,000

I knew from the start that I was going to buy this propert...

Any advice for someone trying to buy their first duplex and house hack? I currently have a pre approval and am shopping properties and am stuck on the deal analysis side of things. I want to be able to pull the trigge...

Steps: you go under contact with the owner of the property, you assign the purchase and sale agreement to the end buyer, the end buyer closes, and you get paid the difference between the agreed-upon price between you and the owner and the intended purchase price of the end buyer. 

In my market, we're seeing a shift from a pre-agreed upon % to provide to a buyer agent to sellers offering buyer agent compensation but leaving it up to the buyer to request how much. 

The new buyer puts down 10% as the option fee, ($50,000 fee to our buyer) in this case, and we make the rate 10% to the new buyer for the monthly payment. 

I had a similar idea (having one of the mortgage brokers I know underwrite any prospective buyers.

All buyers and sellers of rental real estate should require Tenant Estoppel Letters in their contracts.