The lender will not pay for or even recognize your fee as a down payment unless it is a hard money lender.example under contract for $100,000Assignment Fee $5,000Down Payment is 20% or $20,000the buyer will have to bring $25,000 plus closing cost to the table.

So all I brought to the table was like $6,500 (plus the deposit on file) on a $110K purchase.Typical stuff you see with 70% of purchase plus rehab costs would have meant more like over $40K with 30% down and closing costs.

What I was actually paying was less then the 70%, investor got paid for the property plus, Loan took care of the closing costs and I walked away from the closing table with anywheres from $4,000 up to $9,000 cash.

Bring that dollar value to the negotiation table.

All you need to do is fund at the table and close in your name.

if the neighbor building is leased at $600 per unit, undercutting them by $150 is leaving money on the table and gives the impression that you have an inferior building to prospective tenants.

quad located in little Mexico in S. Jersey. $157,500. $3050/month rent, cash. Taxes, water, sewer, trash = $9000/year. Owner buys oil for heat, this year's cost ~ $4000. Seller financing. He wants $37,500 down....

Tax qualification may be at risk of being lost.Excess funds need to be redistributed to members in an HOA if there are excess funds that can not be justified, they over collected for expenses.I'd say 100K among 32 members for a 1/2 mile of road is justifiable, in fact it could be a little low depending on road conditions.They need to address the road condition and the expected expense and time table for repairs to invest or keep these funds.

as stated earlier, first you need to know what the home is actually worth, even if you have to bring some $$ to the table, your getting rid of $800 outflow on that property.You might be surprised what its really worth,I have often seen zillow off by 30+%.You basically have two options, sell the house and take your lumps, or go into foreclosure, which will wreck your credit, and they could go after you since you obviously can make the payments.I would also check every available plan that might be out to help on refinancing,,I've heard of some crazy modifications out there, make sure you have researched them all.

From the fha guidelines, "The table below describes the exception situations in which FHA does notobject to borrowers obtaining multiple FHA-insured mortgages.Note: To determine the eligibility of a borrower for one of the exceptions inthe table below, the underwriter must consider the· length of time the previous property was owned by the borrower, and· circumstances that compel the borrower to purchase another residence withan FHA-insured mortgage.Important: In all cases other than those listed below, the borrower is noteligible to acquire another FHA-insured mortgage until he/she has either· paid off the FHA-insured mortgage on the previous residence, or· terminated ownership of that residence."