For tax purposes, the profit is calculated as the sale price minus the cost basis (purchase price + renovations + transaction costs).

The 2% negotiated reduction is the better transaction.

You can't use these apps for international transactions.

Once you've agreed on a price with the owners and they've agreed to let you sell the property, you're free to begin marketing the deal. am I representing only the buyer in this transaction?

I still believe that if you are not either from Mexico, or at least a Spanish speaker - you should leave investing south of the border alone.

Also you would not reduce the price because of the interest payment. that is not how it works.3. yes the note could be sold, but at what type of discount and what if the borrower stopped paying.while there are a lot of posts on seller financing, some estimiate less than 1% of all transaction have seller financing and the ones that do are first position only with an average of 30% down payment - most of these are to people who do not have verifiable income.Thinking you will get conventional financing then seller financing will be uphill battle as the conventional lender most likely will not approve a 2nd mortgage for purchase.not trying to dissuade you, just wanted to provide some key insights so you do not spend 1000 hours chasing something that is impossible to find.

who knows, might be putting in an offer on a lot this month fingers crossed.

I'm just being extra careful (as I should) with the local team handling the transactions.

@Brandon Eike, on an investment property, most lenders will max out their loan at 75% LTV, which doesn't cover transaction costs, which are usually 5%-8% of the purchase price.

However, all the sold comps are crossed out after following a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.