Its expensive but much shorter than many alternative options and every class we had a firm during our lunch, bring us food and explain why we should work with their firm.

One very popular alternative in Phoenix is to house hack with a casita/in law suite/additional dwelling unit.

@Sheldon VicYou should look to see if an appraisal is required to get the step up in basis.If an appraisal is required you may want to see if an appraisal can be done where the appraiser would value the property as of 8 months ago or if an alternate assessment date would work.

@Charles Kao that makes a lot of sense and I appreciate your response and an alternate way of doing the thing I want to do!

Not an English, music or arts degree - unless you want to teach.Another alternative is to consider trade schools. 

Are there any alternatives?

Hey Ya'll,I was just wondering what other options there are besides the MLS for finding and analyzing comps for our subject properties? Or do you have to have a realtor who can access the MLS compile a list for you? T...

I put in that low value because we plan on rehabbing the house to a fairly new condition so I am assuming we wont need much repairs or CapEx for the first few years.The tax rate in philadelphia is about 1.4 so i rounded up to 3600 per year its more like 3550ish.I was looking to see if there were any alternatives to this waiting period, I found one lender who does not require a seasoning period but the LTV was 70% and 6.75%  for 30yr, which would leave some cash in the deal.For closing cost the buyer is paying all of the transfer tax which is close to 4.3%($6500), as well as 2 points for the Hard money lender, and title search/insurance ect.Yes the first loan is a HML.That 15k is a mistake, thats for catching that, I added in transfer tax again, it should be closer to 3000, as the lender is not charging any points only a $500 doc fee and title, insurance and escrow cost.

The alternate route (when the investment amount is lower) is to give all partners in a JV some sort of active role and keep accurate records of it.Best!

The bracing in the ceilings aren't strong enough to support drywall, so when you do your renovations, you will have to find alternatives and get creative on some things.A friend recently flipped a mobile home.