Always be evaluating your “orders due†compared to the new orders you’re planning on excepting. 5.

Also, an LLC does eliminate self-employemnt tax compared with an S-corp where you must pay yourself a reasonable salary which would include self-employemnt taxes.

I deal primarily with REOs working with clients on the purchase of them (About 75% of my business).Banks and AMs have a process they use to look at offers, some pay attention to the names coming in on the contracts, some do not.If you included a letter stating you were not associated with the other party, you should be good.During a multiple offer situation, this is USUALLY how banks view offers, in order of importance, and these do have a great effect with who they do choose to be the one to buy the property.Purchase priceClosing costsFinance typeEarnest Money DepositI've had buyers to win contracts over other bidders not by purchase price, but by the fact they had cash to close, or were willing to put down $10k as compared to another buyer's $1k.

This is probably a question for an attorney but had a concept I haven't tried that I wanted to float by you - no portion of the rent going to the downpayment but upon execution of the purchase the tenant buyer is "rewarded" with a fixed figure downpayment?

I then called and asked if they were looking to buy properties or if they ever rehabbed.Both of these took alot of time but the reward for me was worth the efforts.I hope this helps.

Bottom line: Shop, compare, then purchase.

People who live in nursing homes are referred to as residents. nursing home compare

The return you get is the reward on your investment.

I am also going to list the house for about 15k less then comparable houses in the area for sale to try to give me a little edge.

What percentage do all of you experienced investors use as numbers for the following compared to the full loan amount?