Just Closed on a 6 unit apartment building in Las Vegas

[Anthony Clayton]

The owner wanted to do a seller carry for 200k with a 8.5% interest rate and Sale it for 300k.

After a month of the seller bluffing about all the buyers they had we finally got it done. Here are the details of final terms:

Sold for 100k Cash
Seller has 30% interest up to 300k (100% vacancy will be a 450k value)
No Monthly payments

Things I will do in the next month to get 100% full

I am going to evicting all tenents
Put about 50k of repairs and upgrades
Interview for a property management company