What are my realistic options for a buyer backing out of a contract a day before closing?

In some cases paying off a car or credit cards can actually hurt or lower credit scores due to a lack of credit or no revolving debts.

Vertical has to go with higher per sq ft rental, so they go towards lower sizes. 

Could I close on this new rental’s by using my own cash on the downpayment, and then retroactively use this property for that 1031 from the property I’ll be selling?

If there's a surge in new apartment buildings, this can lead to lower rents as landlords compete for tenants or maybe.

I see that form 8582 can be used to record suspended passive losses for federal return - this is easy to do and also worth doing, as the federal tax due can be lowered by 15-20% of the losses. $10k in losses will reduce the federal tax due by $1.5-2k.However, the state tax due gets lowered by a very small amount by using passive losses to offset passive income as I assume state tax rate is quite low (I live in TX, so never worried about state tax) compared to long-term capital gains rate of 15-20%.

Lower it and put a nice set of wheels, and smoke Ferrari's with my station wagon.

Hi Jonathan,If the ARV is 200k and you do a cash out refinance at 75% LTV, you'd leave 50k in equity and take out 150k minus closing cost that you can use on your next project.

Hi.Just closed another 4plex and obviously it came with all inheritate tenants.

Average purchase applications in April and May have moved lower.