Non realtor (me) drawing up purchase contract with seller financing land deal, owner is listed as "ABC Inc Profit Sharing Plan" in the county CAD.

Purchase price: $19,000 Sale price: $20,000 This is one of two lots I got under contract in Port Charlotte, FL from the same seller.Sold it to a builder for $20k.

It was purchased for $2.4 million in 2022. 

I read about people who purchase a property, obtained some equity, and used the HELOC on that property to buy their next.

Purchase price: $252,000 Cash invested: $25,000 Brick house, 4 bedroom, 2.5 Bath How did you find this deal and how did you negotiate it?

For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.

Why do you think purchase contracts are so long and have such small print?

Hello,Does anyone know if you can take a tax deduction for closing costs on the purchase of a rental property? 

Hi my name is Eva and I am newbie  to BP and I am currently  on the process for my second home as a primary residence.I wanted to ask if is it advisable to take a HELOC on my current primary residence now before closing in 2mos (brand new townhome) to my next property as a primary residence.Any input and sincere advised will be much appreciated.Thank you,Eva

I think it will be a very long process to be reimbursed for any security deposit claim.