Currently in the phase of buying my first property and needed some clarification if I’m getting screwed or not I’m in Rome, Ga and that is where I’m purchasing the home it’s a flip that was a 3 bed 1 bath but has been flipped into a 4 bed 2 bath the asking price is $214,900 originally 230k but the seller wants a quick sell my agent told me we should give them the asking price and ask for them to pay 5k closing close I wanted to ask for 190k and same closing cost but agent said they wouldn’t take us serious so I agreed to agents terms as I’m signing paperwork electronically I see closing cost is 17k since seller is paying 5k brings it down too 12k but being in Georgia I am approved for Georgia dream which covers closing and some of down payment now when I sign at closing I have to pay 6k I’m wondering why is closing 17k my friend bought a property his closing cost was only 10k granted he bought his property for 189k but I feel like my agent isn’t really trying to get me a good deal should I back away from this property, find a new agent, go through with this purchase, or am I getting screwed in the process? 

Feel free to reach out anytime with any questions .

Best of luck, and feel free to reach out if I can help!

Again, I wish the numbers you are posting were correct, our income would go up by 100s of thousands,,,,,,,,, All the best  Man, I feel like I'm being trolled. 

To get a feel for what history can teach us, talk to some seasoned investors who lived through the real estate market from 2007 to 2010. 

You could go to the magistrate to declare the place abandoned if you feel that's necessary.If you are only doing cleanout and demo during the quiet title actin period, there is plenty of time to go to the magistrate and have it declared abandoned. 4.

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And since that equity will be trapped once your renovations are done, converting investment money into improvements on your primary doesn't feel like the best initial use (especially considering the huge up front cost of paying tax on the profit).I'd let the primary take care of itself. 

I feel bad for the tenant but them wanting the convenience of having the broker handle it is going to cost them $10K in extra rent.Thanks again for your advice here!

Hello,I am still working towards finding my first deal and find myself not confident enough to squeeze the trigger and make an offer.