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.

She is only upset as she is trying to game the system and you may have ruined it for her with this place.

It is going to be an uphill battle trying to prove material participation with a property manager.

Just keep in mind again these people are working and trying to make money so try not to be a time-suck for anyone.

@Mark G.We tried cold calling and that didn't work too well...with Propstream you just use your search criteria and it will give you a list of prospects to reach out to. 

Looking for some input...I'm working on educating myself more when it comes to various tax benefits and trying to decide what would be the best route for me moving forward.

I am trying to scale with larger properties (10+ unit bldgs.) so I am exploring different funding strategies beyond zero down and including OPM

Over the past few months the landlord has been trying to sell the property but nobody has actually bought it.

I get what they are trying to do here, preserve 2-4 unit properties and discourage deconverting to SFH. 

Hello everyone,I live in Greensboro and I’m trying to decide what is the most financially wise course of action.