Home is potentially upside down on mortgage (verifying that) and current owner wants too much for the house.

I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.

A small multifamily property is a smart choice for a first investment—it offers a great balance of income potential and manageable scale for someone new to the space.Don’t worry about being ambitious; it’s clear you’ve done your homework, and you’re already ahead of the game by setting a clear goal.

You're on the right track to reach out for help here and also to look to your area for potential partnerships.

This will cost money to maintain, cost money to manage leasers, subject you to the will of tenants/leasers should they damage something, should someone get injured, your money will be gone (for now), subject you to the will of the market, interest rates, potential market volatilities.. you will need a lawyer at that amount for sure and a good CPA. 

It's slightly less expensive than Redding but a very short commute so it's a great place for starter homes, too.There is a property in Shasta lake that has some potential.

I was particularly drawn to this deal because of the strong growth potential in Bushwick, Brooklyn.

Their success speaks volumes however, its a bit much for me to stomach for a potential benefit. 

If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.

Those that have not worked with Sub2 sellers do not understand how drama original sellers can be potentially.