If so, would love to hear which lender you went with.

If so, then you should expect to be honest with them.

So basically Ill be paying 12K a year for property taxes on a 320k building.

I know you are already active in the the Chicago real estate game so excited to see you jump in here as well.If there is any way I can help, please let me know!

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

So I am trying to understand how to negotiate cash closing.

The rate varies depending on the state in which the property is located so I can't give you specifics without having more information.Capital Gains Tax: When you sell a U.S. property, you may be subject to U.S. capital gains tax on any profit.

I'm looking to buy a House in Raleigh , North Carolina and wanted to figure out what are all the Monthly Expenses including utilities that I'll have to pay for when owning a House.Below is a list of monthly expenses I have listed so far and wanted to know if I'm missing anything. ■ Mortgage ( 20% down so no PMI ) ■ HOA■ Electricity ■ Gas ( None because new construction house has electric stove ) (Everything is electric )■ Water Bill ■ Camera Security system ■ internet ■ Lawn Care■ Regular Maintenance □ Will I need to pay for " Trash " ?

We plan on using DSCR loan (yes high rates but our complicated taxes makes non conventitional as our only choice at the moment) so PM fees will def kill anything. 

I haven't read the articles yet, but I certainly will do so soon.