Looking for motivated homeowners that are interested in subject-to financing in the metropolitan Indianapolis, IN and Boise, ID

One subject which i kinda know about but dont really understand all the details, cash-out refinance.You mentioned you have a 6 month loan with no payments till the end in which you will pay back in its entirety + interest.

They just wanted to have an offer sent to their real estate agent's email but unfortunately for me, the house was fully remodeled and being listed at retail price, thus I couldn't make a deal from it.Finally, I had 2 callers interested in selling, 1 that I almost purchased via subject-to and 1 other homeowner who wanted to sell but very rudely wouldn't answer any of my questions (I didn't wanna work with her since she was literally being a jerk on the phone).My 1st Attempted Subject-To Purchase.

here is part of the proposal:STORE SIZE & LOCATION:The demised premises will consist of approximately 2,000 square feet.Said premises to be located in the Shopping Center as shown on the attached site plan.LEASE COMMENCEMENT:Upon mutual lease execution and Landlord’s delivery of the demised premises.TERM:The Term of the lease shall consist of a period of ten (10) years commencing one hundred twenty (120) days from the date Landlord notifies Tenant that the premises are ready for possession or upon opening for business, whichever date shall first occur.RENTAL: Tenant shall pay Rental during the first year of the primary lease term an amount equal to $31.00 per square foot on a triple net basis.Tenant’s annual rent shall escalate at the rate of three percent (3%) per year.Said Rental will be payable in equal monthly installments.OPTION TO RENEW:Tenant shall have one (1) five (5) year option to renew this lease.The Rental in the first year of the option period will be three percent (3%) greater than the rent in year ten (10) of the primary lease term.Annual Rental shall escalate at the rate of three percent (3%) per year.PROPOSED USE:A first-class frozen soft-serve yogurt operation similar to other Frozen Yogurt locations and for no other purpose (to be further defined in lease).ADDITIONAL CHARGES:REAL ESTATE TAXES:Tenant shall be required to pay its pro rata share of real estate taxes and assessments on the land and improvements on the shopping center site, estimated to be $1.25 psf.INSURANCE:Tenant shall be required to pay for its pro rata share of fire and extended coverage insurance on the building, estimated to be $0.29psf.COMMON AREA MAINTENANCE:Tenant shall be required to pay for it’s pro rata share of Common Area Maintenance costs, estimated to be $2.44 psf.LIABILITY INSURANCE: Tenant shall provide liability insurance in keeping with the requirements of the Landlord and/or Landlord's mortgagee.STORE FINISHES:Landlord will deliver the demised premises to the Tenant with RTU’s in good and working order but otherwise in “As-Is” condition.All improvements will be at Tenant’s sole cost and expense.SIGNAGE:Tenant may use its logo and colors for said Signage on the fascia of the said premises as long as it is subject to the Landlord’s sign criteria and governmental agencies governing the project.SECURITY DEPOSIT:A Security Deposit equal to $2,500 is due upon execution of this Letter of Intent.

If it weren't for those seeking advice in various subjects the information would probably remain dormant and undisclosed.

It was a subject 2 deal as well.

Account ClosedYou are allowed to withdraw up to $10,000 to be used for the first time home purchase.Contributions into Roth IRA have already been taxed, therefore those can be taken out without taxes or penalties, the earnings in the Roth IRA however would be subject to penalties and taxation if you take early distribution.I believe you can buy multi-unit, as long as you buy it as owner-occupied, and yes, you can use FHA loan.

For example, if you finance 40% of the purchase, roughly 40% of your IRA's net rental income after exemptions will be subject to this tax.

Would this be a good subject to and then owner-finance?

If you want a copy (in .xls) message me with Dealizer Vacancy Calculator in the subject line.