I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

You can attempt to sell with deferred cap ex, but you may need to sell at a price that reflects the deferred cap ex.Good luck

The exception to all of this would be if you are attempting to do a 1031 reverse exchange and buy the new property first. 

Instead of attempting to get some arbitrary guess on your costs, wouldn't it be more valuable to you to get a more precise figure?

Setting rent significantly above FMV could be seen as an attempt to shift income or inflate deductions, leading to potential penalties.

I attempted to provide the most transparent and up to date information on this site. 

.: Anyone else getting phishing attempt warnings from using this site ? 

Sounds like great prices but 9 repairs in 12 months called in by tenant, it seems to have finally stabilized after owning for 18 months (no repair calls in 3 months so far), stolen AC unit, attempted break in on other house (alarm scared intruder away).

@Kosh Vokter Providing tenants with your bank account information for direct deposits does come with some risks, but it can be managed effectively with the right precautions.Potential Risks of Giving Out Bank Account Info:Security Risks – While ACH transfers are generally safe, giving out your account details means a tenant could attempt an unauthorized withdrawal or dispute payments.Potential Errors – Tenants might accidentally send funds incorrectly, causing reconciliation issues.Limited Control Over Payments – Unlike software-based rent collection, direct deposits don’t allow automated late fees, lease enforcement mechanisms, or payment tracking.Ways to Minimize Risk:Use a Separate Account – Opening a dedicated rent collection account is a smart move.

Additionally, wages sent directly to a church are not considered charitable contributions—to qualify for a deduction, the employee must receive the income first, pay taxes on it, and then donate to a qualified 501(c)(3) organization while itemizing deductions.The IRS closely scrutinizes arrangements that appear to shift tax liability, and if deemed an attempt to avoid taxation, both the employer and worker could face serious legal consequences.