Hey Ya'll,I was just wondering what other options there are besides the MLS for finding and analyzing comps for our subject properties? Or do you have to have a realtor who can access the MLS compile a list for you? T...

I put in that low value because we plan on rehabbing the house to a fairly new condition so I am assuming we wont need much repairs or CapEx for the first few years.The tax rate in philadelphia is about 1.4 so i rounded up to 3600 per year its more like 3550ish.I was looking to see if there were any alternatives to this waiting period, I found one lender who does not require a seasoning period but the LTV was 70% and 6.75%  for 30yr, which would leave some cash in the deal.For closing cost the buyer is paying all of the transfer tax which is close to 4.3%($6500), as well as 2 points for the Hard money lender, and title search/insurance ect.Yes the first loan is a HML.That 15k is a mistake, thats for catching that, I added in transfer tax again, it should be closer to 3000, as the lender is not charging any points only a $500 doc fee and title, insurance and escrow cost.

The alternate route (when the investment amount is lower) is to give all partners in a JV some sort of active role and keep accurate records of it.Best!

For example, the ceilings and walls are not usually drywall, but are light weight wood panels.

As an alternative, I would focus on networking and building a network within your community.  

There is an alternative option that's one of the rare times an S corp may be recommended for holding a rental and this is it.

The alternative is to create and execute your own marketing campaigns, but I truly don't recommend this option!

And as @Tracy Streich has stated, forming a real estate company can have significant unexpected costs that can include insurance for the business, payroll taxes if there are employees, attorneys fees for forming a partnership agreement, accounting fees, and so on.Perhaps an alternative may be to pool your properties and shop for a good property management company who will take care of all of you.

The seller is distressed, and won’t have the money for repairs so I’m looking for alternative financing in case I can’t work something out.

If she's this informed why not put it back on her to provide an alternative solution?