@Scott M.

@Stephanie M. 90% of properties have oil heat in my area.

@Joseph Turano Looks like a great deal and good use of low money down!

It will happen m.

@M EdouardIt's a bit of a red flag that he would not give you a clear answer.

Originally posted by @William M.

Let’s assume the property has $313,000 in NOI Valued at 6.26 M 5% cap loan $4,695,000P+I annual= $413,400> NOI5.216M 6% cap loan $3,912,000P+I annual= 344,460 > NOI4.47M 7% cap loan $3,352,500P+I annual= $294,708 <NOI cash flow +

When the actual owner on title lists a property he is only selling his interests in the property.When someone owns an equitable interest he is only selling his interests in the property, same thingLaws that don't specifically define owner don't mean all that much to me, I am the owner of what I"m selling.

IDK about OH but in NYC, investors look to RE Broker's for O/M listings that they can buy below market to DIY then flip. 

Quote from @Maria M.: Quote from @Ray Hage: Hi there, you'll need a Spanish speaking friend to help you translate and have a phone call with them.