Generally, I would think that commercial real estate (especially B and C class industrial/warehousing) would be less averse to the close train proximity then residential.

Hi all,I just closed on my first rental property and used all the money I saved for that downpayment.

My brother and I (who both have history of doing multiple live-in flips over the years) recently consulted with an attorney, started an LLC, purchased the BP state-specific forms, and have purchased one single-family rental thus far and are closing on a second singe family property that will be a flip later this month.

To win in property deals, keep up with nearby shifts, look at loan choices, connect with banks, and think about hiring someone to oversee properties.

I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation.  

I started using my own and close family members money. 

At the end of the 14 day period it would be my choice to fix the door and charge him or to take other measures.When i asked her if she would send me a copy of the noncompliance letter to the tenant, she said she wouldnt do that unless this goes to court. 

We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!

How close to ASU? 

ET time.Job Openings and Labor Turnover Survey (JOLTS)The Job Openings and Labor Turnover Survey, commonly referred to as the JOLTS report, is another closely watched data release from the BLS that can move rates up and down.