Would You Do This Deal?

[Benjamin Fredricks]

So I found a condo that is super cheap and the owner is offering financing.  The return is negative to small for the first few years but then jumps to 30% in year 5 after and over 60% by year 10.  Property will be paid off in 5 years.  All in all I'd be out of pocket $50 bucks a month which I can cover from other cash flow positive properties that I own but I'm wary about ever having a property that costs me money from the get go.  What would you do?

[Josh Justiniano]

How are you running your numbers? Arv? I wouldn't buy a condo or settle for break even or neg cash flow.