Purchase price: $110,000 Cash invested: $1,369Acquired this deal from another agent, off-market.

The Skeptics Take:As was said many years ago by some old French dude, “the road to hell is paved with good intentions.”True.

There are some non-QM products that allow "gifts" to be used as down payments on investment purchases. 

Purchase price: $Cash invested: $Completely renovated SFH, 3/2, built in 1999, 1214 sq ft with a new roof installed in April 2024, state-of-the-art smart LG appliances, and luxury vinyl plank flooring throughout.

The purchase price is $27,500.

Not gonna turn this forum into political views lol Back on the topic for the original question@Eddie Torres I agree with the others, some communication to the seller about how you're not a large firm buying up the property to bull doze and put a Walmart in is well within the safe to disclose content.You being a family man and purchasing this property for you family's financial well-being is to me noble.

Your gain on the rental property will beSales price less sales expenses less adjusted basis.Adjusted basis is purchase price plus improvements less accumulated depreciation.Best of luck.

Purchase price: $35,000 Cash invested: $280,000 Sale price: $440,000 purchased vacant lot, built home, sold How did you find this deal and how did you negotiate it?

The properties that perform the best in the Smokies generally have an amenity that cannot be purchased at Lowes:  A quarter mile from Dollywood, an amazing view, or waterfront.  

We purchased 11 lots across the street from our homestead Approx 20 years ago in order to prevent building and overcrowding.