Legal RequirementsIndiana landlord-tenant laws are generally landlord-friendly but require you to be diligent.

TERMS- Deal Type: Seller Finance- List Price: $580,000- Purchase Price: $780,000- Seller Carryback: $693,000- Total Entry: $100,000 Breakdown: Assignment: $13,000 Down: $87,000- PITI: $2,657 Breakdown: Principal & Interest:: $2,000 Taxes: $464Insurance: $193- Rent: $5,250 ($750-800 per unit)- Amortization Years: 28.88- Interest rate: 0%- HOA: NONE- Balloon: NONE- EMD: $5,500- COE: Feb 12, 2025- Occupancy: Occupied, Occupants staying post closing- Title company: PROPERTY DETAILS:MULIT-FAMILY7 Units - 2B/1B per unit- Living sqft: 5,200- Year Built: 1940- Age of Roof: 1- Age of HVAC: New- Age of Water heater: New- Condition of Electrical: Good working condition- Condition of Plumbing: Good working condition

@Walder JavierRFG is solid, my team and our respective investorshas closed roughly a dozen with them.

I am in the process of closing a 1031 DST transaction with a "flat fee" broker.

Prior to my clients' closings (rental properties in 2 states) in the last 6 months, I worked with IPX to prepare for DST investments.

(For example, IF I was able to purchase the first home (multi-family) outright, paid-in-full, then use a HELOC to pay for the down payment and closing costs for the second home, would that be a smarter approach?)

I have 2 you can close on right now within 72hrs if you'd like.

I'm very new to MTR and investing in general, but I'd like to know if even close to being on the right track!

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

The last two hours were with the legal team at MR and they confirmed there can be no other up front charges beyond the one month’s rent cap.