We've pretty much taken the stance with the listing agent that we're not interested in buying it with an illegal tenant, and that we'd need either a legal CO & agreement of rent increase within 6 months OR that the tenant leave before closing to move forward.

Investment Info:

Single-family residence other investment in Fletcher.

Purchase price: $365,000

Sale price: $360,000

Purchase price: $365,000 Sale price: $360,000 A real estate transaction between my clients and the homeowner.

Home sold after a bid war of 25 plus buyers become a new reality of day to day real estate transaction that get the stress of buying a home a totally exhausting business, almost un attainable, however here we go. 

All in all, the seller ultimately wanted a quick and easy transaction so they agreed to my counter of $120k.

You'll not only find that it's illegal, but also that there are people - some BP members - who delight in turning wholesalers in to the RE commission.Even though you're not the wholesaler yourself, there's a technical glitch. 

Hello all,Was curious if anyone has come across a collection(s) of real estate transaction case studies (Preferably residential)? 

All the realitor wants to do is pump transactions to get their commission.

In 2019...before the housing market was crazy....54% of all transactions were all cash. 

Whatever you do, just be aware that large cash transactions will need to be reported on taxes.