You almost completely disregard the "verbal acceptance," and push for the fully ratified contract, signed and delivered, by creating a sense of urgency that you feel is appropriate for the situation at hand.

You're far better off working with tenant/buyers directly.As for costs, that all depends on the rules of your local MLS and your broker.

They may short cut the fix, leave things wet, and create an environment for mold. letting an unqualified person work on electrical can be a huge liability if they get hurt or burn the place down.

Hello, I  am looking for a little help/advise and wondering before I get started in buying my first investment property is it a good idea to have a LLC created??

The 1% rule is basically impossible to achieve in Portland2.  

They want people that eat,breathe, and sleep that asset class.The broker/agent inexperience combined with overseas buyers that are not familiar with the areas creates a high barrier to entry for getting your offer accepted.Sellers would want to see proof of funds that the money is here and not overseas.

Account ClosedMark is referring to the prohibited transaction rules which would absolutely prevent you from putting an asset you currently own into your IRA or 401k.You can invest a self-directed IRA or 401k into real estate, but as a disqualified person, you would not be able to transact with your retirement account.

@Alex CottmanSee following regarding the 401k loan rules. https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loans

People I've spoken to have suggested it sounds like a scam, because the company just wants my details, then apparently they are going to create a fake identity in my name, and put me in debt..

Hi All,I was hoping I could find out what the current rules are on this from any mortgage lenders or brokers: If I buy a house with lended private money when can I refinance into a lower interest loan and cash out the private money folks?