One other little caveat I heard was that there will be a major increase in the number of apartments coming online in the next year or so, and that those two things - the investor participation in the market and the expected reduction in demand - will negatively affect a buy and hold strategy.

Fortunately we found out just before closing and negotiated a small price reduction to allow for the electrical work and permit costs. 

For those less knowledgeable, it could be a disaster.Dual agency for the agent is a reduction of their responsibilities and a doubling of their commission.

Having said that, with a reduction in agent commission, your offer can be lowered by the amount that they agent has reduced their commission by and the seller will still end up at their minimal net price.2.Find out about deals before they hit the MLS- The first agents to know about listed properties are always the listing agents.

In between, the $25K "special allowance" phases out at $1 reduction for every $2 of AGI over $100K. 

I have not need any "sold," lower comparables but I have definitely seen some price reductions and inventory that is sitting longer on the market.

I successfully negotiated a $50,000 reduction in price in a multiple offer scenario. 4) Do your math.

an IRRRL is simply an interest rate reduction refinance loan, so the amount of entitlement you are using does not change as a result of this type of refinanced. 

There are 5 bins...cashflow, appreciation, principal reduction, tax deduction, mortgage interest deduction.

For example, if your inspector comes up with termite damage, you can ask for a price reduction or treatment by a licensed exterminator and repair of the damage by a licensed contractor.