For example if the house is worth 400K, but they are willing to sell it for 375k because they are avoiding having to pay 25k in agent fees, then the bank can consider the equity gap as a down payment.

Quote from @Scott Vaeth: I purchased a house in South Carolina this past year with the goal of BRRRRing it.

Well, what would be happening is that your buyer would be buying your house subject to the existing note, since you can't legally sell the property without paying off that note or transferring the debt to the new buyer.

I'm house hacking rn.

Just like any of the investment strategies here in BP, they need to evovle as the market and housing landscape evovles.

California needed this law, due to the housing shortage. 

Just started using https://www.turbotenant.com/ it gives you a focal point to house documents, gives you a credit report and some other things but it's still your decision to make with the collected information. 

Its usually the tenants who live in the lowest tier housing that are most prone to play games and take advantage. 

And if houses are showing an owner having been there for 10+ years when that owner actually sold 8 months ago, then I might market to a completely unqualified lead. 

Quote from @Paul Lucenti: What's up everybody Me and my wife are looking to buy a house out in Suffolk.