This is fine with me, however I'm wondering what the process would be.

The hardest part about section 8 is getting the process down, like what to do and when.

The realtor is making commission on the lot which is now under contract.Points to consider - we have a sales team and process that doesn't require realtors, but usually work with them on land deals. 

If you can do better, great, but you really have to understand your market, do an excellent job setting up and operating your property and you have to stand out from the crowd to earn those higher rates.

It's not uncommon for sellers to stick to their original asking price, especially if they see the value in a straightforward and faster sale process without the additional fees that come with broker involvement.

You've got this.Trust the process.

Hi Shannon, I don't have a recommendation but I will say that the small claims court process is very simple to do yourself, and the court staff is usually very willing to help out.

DSCR REFI qoute loan amount: 112,000rate: 8.99points fees and cost: 11,576cash out value: 16,424Bridge loan. 84,000 interest only 12 months at 11.99% property will rent for 2000 at a 1.76 DSCR score. thank youThe low loan amount is driving some of the cost and limits the lenders that will take it, but we just closed a similar loan (94K) and the total fees were:3 points or $2,820 to US Commercial-no additional fees like processing etc... came to us.Lender's underwriting fee $1,395Lender also charged interest reserves for $2,820Appraisal to a third party $550Credit report to a third party $45Hazard insurance for $1,733Escrow for taxes and insurance (just 3 months were required) $687.98Title charges equaled $2,702.75 which included a the government recording charges and a mobile notaryAll of those total up to $12,753.73. 

Hello BPs, I am in process of closing an investment property.

  - Sales Price $720,000- Down Pay: 15%  $108,000 (higher down payment reduces your risk)- Balance owed: $612,000- Int Rate:  6.75% (nice spread on your cost of money at 2.5% - Arbitrage)- P/I payment:  $3,969.42- make the buyer pay T/I in their escrow payment thus increasing payment- Hold period - 5 years- Additional Interest earned = $203,884 (No Longer a Loss)- No Rental Management needed- No repair costs- You can still deduct the interest on the underlying loan as an expense - ask your CPA- Monthly income without the hassle ($400-500 each month, more if there's T/I escrow)I'm in NM and do these all the time.