., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.

We have a savings account where we split up into different buckets (from our w2 and passive income) and one bucket is for real estate and when we have enough to acquire another asset we will consider it.I am not a fan of borrowing 100% of the transaction costs including closing costs as it will be extremely difficult to make money many times on those types of deals.

Take for example, while representing buyers in single family transactions, during the negotiation, I ALWAYS ask the sellers to credit the buyer(s) up to 3% of the asking price toward the buyers costs.

So they can boot me anytime and they are on the checking account and can see all transactions I find that about as transparent as I can make it..

I seem to recall a prior post where you mentioned Grand as your southern border, so what's your western border?

Now, Stessa just dumped all my transactions going back two years and I have to manually import them and recategorize everything. 

If a bank sells a note to Dion at 87K, they know he's in the business of selling, he sells for 95K to someone else, that is an arm's length transaction, the borrower had nothing to do with it.

This treatment ensures accurate financial and tax reporting, as the credit is part of the sale transaction rather than income.This post does not create a CPA-Client relationship.

In the years that I've represented primarily BUYERS, I find that there has been challenges navigating transactions where the seller is a For-Sale-By-Owner (FSBO) AND inexperienced in handling a real estate transaction.

And he will likely do that at the first opportunity, if you cross him on this paint thing.There's not much winning here.