@Victor PengWhen buying a single-family house, there are typically two agents involved: a seller’s agent and a buyer’s agent.

It's also possible to participate in a 721 exchange where you might transfer the capital into an investment vehicle such as a syndication if you still wanted to participate in the real estate game without the tax hit.

Don't ever spend your last dime on an investment!

I have done a couple transactions as an agent on a team and my wife and I are saving up to invest in our first property together. 

There's likely not a single lender that exists that will allow a 100% CLTV at purchase.

I’ve been investing and wholesaling here for ~7 years, it’s a great spot in my opinion.

Time value of money they could invest that $160k somewhere else and earn $50k+ on it over that period vs losing $96k.

Is anyone investing in Texarkana, TX?

I am more than happy to share my preferred lenders that specialize in investment properties, home inspectors, contractors, landlord and builders risk insurance carriers, and CPA's that know to do cost allocation studies with my investor clients (that's how you know you have a CPA that knows real estate investing accounting).

Investment Info:Single-family residence fix & flip investment.