No one is going to insure you with knob and tube so you need to focus on selling or doing the rewiring.

I gave him 3 different seller finance options along with other options of selling the property for him and after some discussions we found a win win.

With the help of an investor-friendly agent How did you finance this deal?

@Jessica Howell To transfer funds between LLCs, use a formal loan agreement or document it as an equity contribution while maintaining clear records.Depositing personal money into an LLC should be treated as either a capital contribution or a loan with repayment terms.

Do you agree or disagree with this?

The only time I charge a tenant for a service call is if the tenant schedules a service call with one of my 3rd party vendors (that schedules directly with the tenant at my request) and then either no-shows or doesn't allow the vendor to enter as agreed.

I also have lost out on a house because I was some dollars short of the 10%.I know the area and property quite well, and familiar with the foreclosure case for the particular property in question.The reason I ask is, because I am not physically in the area and wanted to see if any service exists, where they can bid on your behalf, when you tell them your maximum, and perhaps hook up with a HML, where the 10% down payment in certified funds is not a hinderance.

Market in a MinuteEast Tennessee home sales decreased 7.8% from the previous month, and decreased 1.0% from a year ago.The median sale price was $371,250 — up 9.19% from the previous year.Total housing inventory increased from the previous year – up 38.3% from a year ago.Half of the homes sold were under contract in 20 days or less, up from 11 days a year ago.40.55% of homes sold for the asking price or above, with 18.77% selling for more than the asking price. 8.04% sold for at least $10,000 over asking and 2.88% sold for at least $25,000 over asking price.The sale-to-list price ratio decreased from last month to 97.5% – down from 97.9% a year ago.New construction represented 12.36% of total home salesData Deep Dive: How's the market?

Planning ahead for your move to Rapid City and setting up a network is a smart approach, especially since you’re already experienced with properties in NC and Las Vegas.

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.