This amount is fully refundable for any reason if you do not execute a loan commitment with us and you request in writing within thirty(30) days of the date of this letter the return of the $10,000.signing of the loan commitment, a commitment fee equal to five percent (5%) of the Financing Request is due; three percent (3%) would be payable at the signing, and the remainder would be payable from the loan proceeds at closing.

I closed one of these for a client last month in Texas so if you have any questions feel free to reach out. 

At closing the taxes will be calculated per day and then divided by days remaining in the year at closing.

After taxes and fees, and depending on if you plan to depreciate it at all, you may not have to pay anything or much in taxes. 7-22k spread minus closing costs (also the eviction costs are a write off as well) isn't going to be too much in taxes depending on what you decide to do. 

The closing times are so much quicker.

LMK if you have questions and I am happy to connect you with a lender who could do this for you. 

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

The forums are a pretty amazing place to connect, help, and ask for help.

Hello BiggerPockets community,I'm looking to connect with local real estate investors in oklahoma city.

Just look at their closings...