This is based not only on a mortgage’s closing costs but factors like property taxes and utilities paid in to date by the seller.At the closing, or settlement, table, the buyer (and seller) sign all closing documents, including the HUD-1 (see a sample HUD-1 here), and the final loan documents.The buyer pays the remaining funds in their downpayment to an attorney or a representative of the title company (who is present at closing) via cashier’s check.The representative from the title company or your attorney will then record the transaction and deed with the appropriate municipality.The buyer receives the keys and, unless indicated differently in the contract, officially takes possession of the property.

Yes,I am positive on purchase price + repair which is 180k.I didn't value it at  220k.Below is my plan take 20% loan on Property cost=120K  & spend remaining 30K from pocket so basically i am putting 60K towards the property & getting 205 back I dont know if it is a good investment or terrible investment

I'm really hungry, motivated, and willing to listen and learn.

Option #1Purchase a small multi to house hack and rent remaining units and sell my current house and save the profits.

@Charlene CaceresI would talk to them to see what their motivation level is, and that will help you to tailor the offer to meet their needs.

If you had a $3K per month marketing budget, how would you spend it to create a consistent stream of motivated seller leads month after month? 

Of course, there will be a premium attached for their work, and you can expect to pay cash or equivalent (hard money or line or credit), but this is still a great choice for someone who doesn't want to (or can't afford to) do all the work of marketing to find motivated sellers.

Purchase price: $275,000 Cash invested: $11,210 After watching the market for years and missing out on some quick sales from other investors, found a duplex in a great location with motivated sellers.

@Taylor Holden Sounds like you have a motivated seller.

What’s his motive behind it?