Sell Numbers:*   90,000            Profit (if you sell full assumed ARV)* -14,000            15% CG Tax* -  9,000            6% RE Commission * -  4,000            Closing Cost  $63,000            Walk away.....and no cash flow      orREFI Numbers:*  112,000         Refi 75% of $150k ARV*  - 60,000        Existing Loan payoff* $ 52,000        Walk away....and you have your cash flow still coming, and...you have $52,000 for another property.  

Maybe because of low commission I didn't pay a lot for this property, less than 25000.

The only bad thing is you they will charge you 1 month rent for commission.

Wife has a full time job staring in November as a nurse and Husband will be cleared to work full time in January and he currently has a part time commission type job. 

Here is the bottom line; if you purchase that property she will get her commission and that's all she is required to do.  

NOT to bypass the realtor in the contract phase and NOT to cut the realtor out of their commission...ONLY to offer and negotiate directly with a seller.  

There is pressure is most brokerages by agents wanting to receive 90% splits on commissions.  

I imagine this will take away part of the selling agents commission but I want to cover my back.

At a minimum, you'll be on the hook for 3% commission.  

The house is too small - or the commissions are too small?