Welcome to BP Nation and congrats on your first flip.Roll that cash over into the next one and watch your nest egg grow!

That is where many mess up with what they eat, investment they make, life choices, etc.If you are just assigning for a short term hold and have a buyer that is different.

Investors have been eating everything there at rapid pace for the last couple years.

Good morning, I live in westchester county where the high taxes eat away at any ROI.

Ultimately, if the buyers agent is willing to eat $3k in commissions on behalf of their buyer, they can do that and simply sign an amended commission instructions in escrow.

I have enough liquid assets where I could nearly pay off the 4.25% loan this year and gain $850 in monthly cashflow from ditching the mortgage, but then again I could use those liquid assets to buy another similar MFR property and get $900/mo cashflow from a lesser down payment but adding more risk with another property in town..Trying to weigh buying another property in the area (too many eggs in same basket?)

I’d buy the performance bond based on customer requirements per job and pass the cost to them, unless I placed myself out of the markets bid, or eat the cost in my profits to make my customers happy.

Do odd jobs for cash.Trim your current spending- stop eating out, ditch the expensive cell phone, buy your clothes at a resale place.

Good to hear from you – thank you for the response and let me clarify per your comments:1)Comments – thank you for summary(s) in bold; clear and concise.2)You are interpreting correctly – I guess I want my cake/eat it too.

Selling expenses can eat up 10% of your selling price, so it's always good to target creating 15-20% of equity in the property upon purchase and rehab.