So it's possible that the assignee might decide to cut his losses and forfeit the fee amount he already paid in.Regardless of why this might happen (which is really immaterial), the questions I should have asked are:How frequently (percentage of a wholesaler's deals) does it happen that a buyer backs out of the assignment, andWhen it does, how successful are you in pursuing the alternatives mentioned in Dustin Heiner's article?

I'm Romny from Philadelphia, Im a rookie investor trying to learn everything I can before jumping into my first deal, I think i might be mainly interested in buy and hold multi family but like I said im a rookie so that might change.Outside of real estate, I enjoy Mountain biking.Excited to learn and connect with you all!

We have never purchased a property so far away and it is overwhelming to think about how to furnish and manage it and finding local cleaners as well as making sure there is someone that can deal with any issues that arise for guests is very important to me.  

Many states have a limitation on 179 that is different from the Feds.Some have really painful rules on dealing with that bonus depreciation addbacks.You still benefit from the cost segregation study without the bonus depreciation - say your cost segregation study broke out $100k of 5 year property - now instead of spreading that out over 27.5 / 39 years, you get to take it over 5 years for your local state.You still get the bonus depreciation amount on your Federal return, regardless of what the state does.

Maybe try that till the market throws me a deal.

Have you been dealing with any water leaks, drain issues, or delayed repairs?

I could bundle multiple loans in a refinance situation down the road but not the initial deal to save on fees. 

Hey all, I was wondering if any of you guys in here are currently or have recently done any sub to / seller financing deals.

More than 100 deals I guess it was bound to happen. 

I requested copies of the income taxes for them both and it looks like this could be a pretty good deal but I'm not sure how much he spends on materials to keep them running as that was not included in his "financial report" (which was a piece of paper with number written for utilities).