We'll use this in our marketing packages when approaching passive investors for syndication.

A sometimes quicker cheaper alternative is the cash for keys approach.

I'm wondering how best to approach the otherheirs about possibly acquiring their properties or offer them someother means of assistance and make sure the properties are protectedand hopefully create a win for everyone.

Purchase price: $675,000 Some great neighbors at one of my properties approached me about selling their three to me.

@Timothy Lewis I appreciate the feed back & it seems like to me that there are both good and bad things that come when obtaining the license so I will have to keep that in mind when approaching it.

I would simply approach the note holder and ask them if they like the monthly cash flow that's coming in and if they said yes, I'd offer them a lein on a different piece of property.

What are your thoughts on viability/approach to the below:Is it unreasonable to find a property levered 80% debt, 20% down payment that generates a cash-on-cash return of approx. 12% and annual appreciation of approx. 3% while using the following estimates:- 1/12 months vacancy, - 10% of total rent for CAPEX, - 10% of total rent for property management, - 1% of property value for taxes, - 1% of property value for insurance, and- Misc. expense retainer of 10%?

I'm novice at the BRRRR game, but my approach will be to prioritize buy-and-hold for long-term equity and cash flow, but occasionally do a flip where I can realize a quick profit on a property that won't cash flow...

You are so correct in your approach and viewpoint.

I think the best approach would be to get a HELOC on your primary residence.