General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated 9 months ago on . Most recent reply
![David Nunn's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1348494/1696827294-avatar-davidn284.jpg?twic=v1/output=image/cover=128x128&v=2)
Advice Needed! Good Deal, Wrong Time?
Hello. My Dad wants to sell me one of his rental properties. It seems like a great deal in the long term, but will be very difficult/expensive to make it cash flow for the first couple of years. I recently lost my job, have about $150k in cash to invest, have a few cash flowing rental properties, and really want to use the $150 to maximize cash flow so I can avoid a regular job and focus on real estate and starting a new business.
Home Value: $425-435k. Sell for $400k, he'll carry $100k of that interest only, and gift 10k/year for 10 years.
I really don't want to pass this up, but putting in the amount of money needed for a tiny bit of cash flow, or losing money each month for a couple years would risk running out of money and pushing me back to a regular job.
Would you pass on it? Any creative ways to pull this off? It's a family thing, so bringing in a partner would not be an option.
Thanks!!
Dave