I'm a few days from closing and when the title company sent out the settlement sheet with the security deposits and prorated rents as a credit to me from the seller my bank went crazy.First they said I need an addendum stating that the seller is crediting me.Then they said I need an addendum nulling that addendum because the seller can't give me that as a credit.

You'll learn how to: prepare for acquiring a property; analyze properties; negotiate; navigate the due diligence phase; close on a property.- Project management experience.

Hi everyone, I am closing on a property near the Asheville market that I intend to use for vacations but also STR via airbb/vrbo.

@Karen Wanamarta I'm having a really hard time finding anything that comes remotely close to cash flow, or really even being very profitable as a property to hold in this area.

I've almost hit 2 years job experience for a conventional loan, I have qualifying credit, I've made good contacts with realtors and lenders from my Admin Assistant job in the loan world, and I've saved up enough cash for 3.5% down for SoCal SFR pricing (not enough for closing cost or commissions yet).

She came out of a recent divorce with close to $1M liquid and a credit score in the 800's, has history as a successful GC/landlady, but after liquidating her previous rental properties due to divorce 2 years ago, no longer has recent income.

Your rents are approx $3300/mo. so umm... yeah NOT EVEN CLOSE!

Ive been listening to the bigger pockets podcast for the last couple weeks.I would love to network with a few of you, as well as meet up for a coffee if you live in London Ontario (or relatively close).Looking forward to learning.

Compensation would be based on the successful closing of flip properties. what would be fair compensation in this case?

Also as I think through this renters by and large are not stupid when it comes to opening and closing and account..