Is the City subdividing, with no sense or logic?

If that was my deal I would have offered the broker double commish to get it for me... better than losing it.. and that may have motivated them.Remember in that price points commissions are nothing.. usually a flat fee.. but if its a 26k deal and they are making 3%  or 750 bucks and you stand to make 40 or 50k ... were is the logic of having the nexus to the deal making squat while you make a killing ... you just lost 40k  that's the bottom line..  

However, investing is purely a numbers game...emotions can skew your thought process and override your logic, so don't let it happen.I'm just on the south side of Austin if I can be of any help...just reach out to me.

I live in seattle which is not great but a little better than Hawaii (which I would like to own a few rentals for no logical reason). 1.

(We knew nothing of realestate)  so we did the next logical thing.

I don’t see the logic to it.On a side note, @Bob Mueller Jr. - what’s been your experience being limited to 30 day plus rentals?

(For this example we will say $10,000)Loan 1 - Mortgage + $5,000 = $15,000Loan 2 (Seller Finance) - $85,000 @ 6% int rate, 5 yrs amortizedThis is my first RE deal and based on things I've read, this seems to be the most logical way to structure the deal.

We have some very knowledgable people here.NV seems logical, as it's just next door.

Since materials have improved, it seems logical to expect the value of houses and buildings to increase.

BS Mechanical EngineeringMS Aerospace EngineeringMBA in Finance10 years as a Spacecraft Control Systems Engineer for NASAEngineering helped to think logically, analyze, and solve problems.Finance concepts, especially Net Present Value calculations, helped analyze deals.