Is this a typical scenario?

I am in the process of settlement on my 1st property in 1 week. i have a 5% down conv loan thru a credit union bank. this a duplex and is a row house. i plan to live in one unit and rent out the other. the seller is also selling the duplex property next to it.

Thoughts on this commission?   

Anyone else have this experience?

I’m debating if this is worth it in the long run because If I do then I get them paid off earlier but at the same time I could be using that extra money to expand my portfolio and buy more houses .

Hopefully a tax expert can weigh in on this topic, as that's who should be answering your questions.

I've only dealt with residential at this point but am looking into self storage and on my search for commercial I stumbled upon a car dealership property where the owner is moving out of state and motivated to sell the property.

If you're still in school, get a part-time job to help accomplish this.

There is an extremely low success rate going this route.

What made you interested in investing in this type of deal?