Tom Shi
Is it fair for seller to pay buyer $6k in closing cost?
I am selling my house in Portland Oregon. Housing inventory in the city is scarce, so still a seller's market. Asking price was $410,000 and a few days after listing I received 1 offer, at asking price. So far so g...
Grayson Gladu
Buying houses at Auction
Hi Everyone,Does anyone have experience buying houses at Auction? I ran a case study and a lot of houses in my area are selling for 20-40% below market value. I was wondering what would happen if you buy a house at an...
Bram Spiero
Questions on calculations
Hi,I'm tweaking my own deal calculator and have some questions.I'm looking to invest in buy and holds.Any help with the below would be much appreciated.1. Should I break out withholding for general maintenance expense...
Account Closed
Reasons for Seller Concessions vs. Price Discount
Reasons to structure offer with seller credit for closing costs in Lieu of discount off list price
This is simply a Paper Credit. Its not as if the Seller is asked to bring a separate check to closing to ...
Charlotte Dunford
Syndicator's acquisition fee tax deductions
Can you deduct operating expenses from acquisition fee received? Let's say you received $30,000 in acquisition fees, the first year operating expenses of the property is $45,000. Can you deduct all of that? Or do you ...
Logan Koch
First Investment property with rehab almost complete
In February 2018 we found a large SFH in the town I went to College at. We closed on this property mid April, and our family rental business was born. Purchase price: $113,000 SFH 5bedroomappraisal value was in the ba...
Laurieann D.
Rent or Sell My Home as a Jumpstart to Investing??
Hi Everyone: Boy am I in the maze. I am trying to figure how to use my current home as leverage to invest.I have about 220K in equity in my home and wonder if I should use some of it to purchase a new home for renta...
Chukwudi Motanya
Commercial loan on a portfolio of houses in GA
Hi all,Is it possible to get a commercial loan on a portfolio of single family houses? That way I would not have to deal with 10 different mortgages? Or would this be classified as a residential loan due to the types ...
Andy O'Neal
Has anyone used rented.com to outsource management?
Does anyone have any experience with rented.com? They seem to primarily exist to help expanding hosting businesses make competitive offers to landlords. I wonder if anyone here has ever listed with them to actually fi...
N/A N/A
Using your cash vs seeking HML or other sources
Hello,
I've been considering using hard money loans to get me started in REI here in my area. On the other hand I do have enough personal funds to acquire the properties that I will be focusing on (acquisition inclu...