The seller may be looking to lower their over all taxes because its too much for this year, or they simply don't want to pay taxes on that particular property.If looking to lower taxes consider doing a seller financing deal where the property is technically purchased at a later date.

They also mentioned they didn't win the auction but later got a call asking if they are still interested.

If I can do that successfully, I'm simply going to repeat that another three times.

Also there would be lots more wear and tear on the unit because you typically have large groups and they use hard.If I wanted to use it, then it would "cost" me the same as if was simply renting a place due to lost income.

Many investors don't want to buy north of Concord, because there are too few end buyers and tenants, the area is simply too sparsly populated, but others do well if they tap into the right sources.Expand both your marketing for motivated sellers and your buyer's list and see if it improves.

Too many cash buyers out there with cleaner all cash offers were winning every time.I ultimately had to switch over to making all cash offers myself and that's how I ended up buying the properties.Hope that helps.

My name is Raphael and I just turned 22 in the DC area.I have successfully closed 3 wholesale deals currently, but came across a situation with 2 Multi-Families that seemed to need a more creative approach.Check it out..I have a seller that owes 2 Multi fam buildings.Wants to sell for 1.2 Million.Willing to do Lease Option or provide seller financing.Needs at least 600k Down...Now..I have a NY Buyer ready to put down 750k and purchase it total at 1.4 Million.Obviously financing the rest.1,400,000-750,000=650,000What is the best way to work this deal out so I can provide a WIN for everybody and still make Big Bucks!

They're great as broad guidelines, but as you mentioned in your post, there are markets where the rule either doesn't apply or just isn't suited for that particular market.With any investment, you should be looking at the costs, income, and desired rate of return based on whatever your investment strategy and goals are.This is coming from someone who has never used the 2% rule and simply made the investment on a. what it was going to cost me to invest and b. what return would I get in both the short and long term.

Simply doing a quit claim deed after close to the LLC should be fine.

I have never used in iphone in my life but I am open to the idea simply because everybody likes them so much I am intriuged to find out why.