Purchase price: $75,000 Cash invested: $75,000 Sale price: $75,000 This deal included 3 mobile home on one lot.

If you provide your credit score, purchase price,  estimated down payment, property type, occupancy type and desired term, then most lenders should be able to provide you with their current interest rate, any associated points or lender credits for the rate provided, and their total origination fees.   

Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.

Not sure if it was mentioned here already, but another creative alternative is to purchase a SFH that has a casita. 

Additionally, your parents might consider a reverse exchange, where they purchase the replacement property first and then sell the relinquished property.

I have purchased 3 properties in Costa Rica.

Hi Evan from Sayville, NY-You asked about whether a lender would pay real estate commissions and closing costs with a short sale.I negotiated a lot of short sales after the Great Financial Crisis.Short sales are similar to dealing with a bank owned property accept the bank is trying to avoid taking it back so the terms, specifically an acceptable purchase price, have to be negotiated.The thing I found that was important to negotiate was the lender agreeing to settle without further recourse for the seller.

I purchased my first investment property through an online auction for delinquent property tax.

We would prefer to jump into the market with a duplex, triplex or quad as our first purchase. 

Purchase price: $516,000 Cash invested: $600,000 Converted mixed-use 3 residential and large commercial space into 5 residential units and one mixed-use Building.