You will recover that capital investment with that cashflow in about 10.5 years.Now I would not overpay for a property based on terms, but given you will supposedly have a $25K equity cushion at that price it is legit to figure out if paying more for less cash into it is a worthwhile endeavor.

With that said, I hope 2014 will be my break through year so I can finally have something worth while to post in the real estate success forum.

I've heard (anecdotally) that an LLC is often not worthwhile for Canadians to set up for their US real estate investments.

See for yourself if he's a worthwhile investment.

Thus, it would likely be worthwhile trying to find out who is managing the property at present and how the receivership is being handled through them.

Based on your experience, might dangling the co-working carrot be worthwhile, in the burbs, even?

@Dave Meadows I'll be jumping into #2 as soon as I can find something worthwhile.

Account Closed , they say that they'll usually do non-recourse as long as you're strong enough to make your signature worthwhile.. then you don't have to sign!

Oh, man, I'm sorry for you to have to go through this.Maybe it would be worthwhile for you to try to sell the vacant lot?

Depending on the rehab price and how much i can get off the list from the owner, might still be worth it.For what its worth, this is 110% a warzone property. 85-90K noi could be worthwhile if I can it at the right price, but any lower than that I dont see this deal worth pursuing.