If lenders would consider a 2-3% buyers agent commission as part of the purchase price and LTV based on this (contract price + buyers agent commission) we can end this Byzantine step of the buyer’s agent having a separate agreement executed with the seller for the seller to offer to cover the buyers agent commission.  

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I currently live in Toledo, where I’m working on a live-in flip with my duplex.Here’s what I bring to the table:Hands-on experience with construction and property maintenance.Knowledge and skills for value-add projects, especially on smaller properties.A passion for learning and growing my portfolio using strategies like buy-and-hold and BRRRR.I’m looking to connect with:Local investors in the Toledo area who can share insights or collaborate.Contractors, property managers, and other real estate professionals.Anyone interested in sharing ideas, advice, or potential partnerships.If you’re in or near Toledo and would like to connect, feel free to reach out!

I just did a cash out refi on one of our rentals w/ Guaranteed Rate.

Hi Scott, are you looking to be a passive or hands-on real estate investor?

So they basically did rental arbitrage on your property for 7 years and then walk away. 

However, the escrow servicer reneged on the options at the last moment and decided they would only reimburse a HELOC.

Stay focused on your goals, and best of luck on your journey in real estate!

I have a deal on a triplex in Spokane, and i feel it is a good deal, does anybody have time to answer some questions?

@Jinglei Shen depends on the builder.