You should put money away for cap-x and repairs, but also look into detail on the builder's warranty.

Help!

@Sam Sarno Are you looking at multifamily or single family home?

They might be worth looking into.

This sounds like a great strategy to me since this would substantially lower my down payment in a deal.

Is this near DTW?

If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?

Purchase price: $92,000 Cash invested: $24,500 What made you interested in investing in this type of deal?

Without getting too deep into the weeds, there are a few ways to do this, including:- write up an assignable lease and an option to buy which the seller signs, then assign the lease and option agreements to a tenant-buyer.

This is my first time selling an investment property and I need your help. 2 years ago, I bought a building as a whole with 4 townhomes and I’ve been renting each townhome.